International Consoltd Airlns Grp (OTCMKTS:ICAGY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.
According to Zacks, “International Consolidated Airlines Group, S.A. acts as the holding company for British Airways and Iberia providing scheduled passenger and cargo Airline services with its principal place of business being London. The company Airways maintains strategic alliance with several worldwide airlines and, together with its codeshare and franchise partners, flies to more than 300 destinations worldwide. International Consolidated Airlines Group, S.A. is based in Harmondsworth, United Kingdom. “
Separately, Morgan Stanley lowered shares of International Consoltd Airlns Grp from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, September 12th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $20.00.
International Consoltd Airlns Grp Company Profile
International Consolidated Airlines Group, SA is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations.
Receive News & Ratings for International Consoltd Airlns Grp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consoltd Airlns Grp and related companies with MarketBeat.com's FREE daily email newsletter.