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InterContinental Hotels Group PLC (NYSE:IHG) was downgraded by analysts at UBS AG from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports.

Shares of InterContinental Hotels Group PLC (NYSE:IHG) opened at 37.09 on Tuesday. InterContinental Hotels Group PLC has a 1-year low of $26.62 and a 1-year high of $37.94. The stock’s 50-day moving average is $33.38 and its 200-day moving average is $32.10. The company has a market cap of $9.568 billion and a P/E ratio of 26.84.

Several other analysts have also recently commented on the stock. Analysts at Credit Suisse downgraded shares of InterContinental Hotels Group PLC from a “neutral” rating to an “underperform” rating in a research note on Friday, February 21st. Separately, analysts at Investec reiterated a “buy” rating on shares of InterContinental Hotels Group PLC in a research note on Tuesday, February 18th. Finally, analysts at Numis Securities Ltd downgraded shares of InterContinental Hotels Group PLC to a “hold” rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $33.80.

InterContinental Hotels Group PLC (NYSE:IHG) is a global hotel company, operating nine brands internationally.

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