International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Update

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY – Get Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 4,100 shares, a growth of 95.2% from the April 30th total of 2,100 shares. Based on an average daily volume of 101,500 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

A number of equities research analysts recently commented on ICAGY shares. Barclays lifted their price target on shares of International Consolidated Airlines Group from GBX 170 ($2.11) to GBX 215 ($2.67) in a report on Monday, May 8th. Peel Hunt raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Tuesday, May 9th. Finally, Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Friday, March 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, International Consolidated Airlines Group currently has a consensus rating of “Hold” and an average target price of $133.95.

International Consolidated Airlines Group Price Performance

ICAGY stock traded down $0.05 during trading on Friday, reaching $3.81. The company had a trading volume of 27,371 shares, compared to its average volume of 71,043. International Consolidated Airlines Group has a 52 week low of $2.06 and a 52 week high of $4.21. The business has a 50 day moving average of $3.65 and a 200 day moving average of $3.54.

International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Rating) last announced its earnings results on Friday, May 5th. The transportation company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.03. International Consolidated Airlines Group had a negative net margin of 1.10% and a negative return on equity of 29.49%. The business had revenue of $6.32 billion during the quarter, compared to the consensus estimate of $6.47 billion. On average, sell-side analysts forecast that International Consolidated Airlines Group will post 0.55 EPS for the current year.

International Consolidated Airlines Group Company Profile

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International Consolidated Airlines Group SA is a holding company, which engages in the provision of passenger and freight air transportation services. It operates through the following segments: British Airways, Iberia, Vueling, Aer Lingus, and Other Group companies. The company was founded on January 21, 2011 and is headquartered in London, the United Kingdom.