International Consolidated Airlines Group (OTCMKTS:ICAGY) Reaches New 52-Week High at $4.55

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $4.55 and last traded at $4.54, with a volume of 19119 shares changing hands. The stock had previously closed at $4.39.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a research report on Wednesday, March 6th. Morgan Stanley lowered shares of International Consolidated Airlines Group from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 30th. Finally, Royal Bank of Canada upgraded International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research note on Thursday, March 21st.

Read Our Latest Report on International Consolidated Airlines Group

International Consolidated Airlines Group Price Performance

The company has a market cap of $4.40 billion, a PE ratio of 1.53, a price-to-earnings-growth ratio of 0.97 and a beta of 2.21. The business has a 50 day moving average of $4.15 and a 200 day moving average of $3.90.

International Consolidated Airlines Group (OTCMKTS:ICAGYGet Free Report) last released its earnings results on Sunday, February 25th. The transportation company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.43. The company had revenue of $7.78 billion during the quarter, compared to analysts’ expectations of $7.76 billion. International Consolidated Airlines Group had a return on equity of 380.77% and a net margin of 9.05%. Sell-side analysts forecast that International Consolidated Airlines Group S.A. will post 0.93 EPS for the current fiscal year.

International Consolidated Airlines Group Company Profile

(Get Free Report)

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.

Further Reading

Receive News & Ratings for International Consolidated Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consolidated Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.