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InterContinental Hotels Group PLC (LON:IHG) was downgraded by stock analysts at Bryan Garnier & Cie to a “neutral” rating in a report issued on Tuesday. They currently have a GBX 2,300 ($39.04) price target on the stock. Bryan Garnier & Cie’s price objective suggests a potential upside of 0.97% from the stock’s previous close.

A number of other firms have also recently commented on IHG. Analysts at BNP Paribas reiterated an “underperform” rating on shares of InterContinental Hotels Group PLC in a research note on Wednesday, June 11th. They now have a GBX 2,200 ($37.35) price target on the stock. Separately, analysts at Societe Generale downgraded shares of InterContinental Hotels Group PLC to a “hold” rating in a research note on Friday, May 30th. They now have a GBX 2,300 ($39.04) price target on the stock, up previously from GBX 2,200 ($37.35). Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of InterContinental Hotels Group PLC in a research note on Tuesday, May 27th. They now have a GBX 1,870 ($31.74) price target on the stock. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. InterContinental Hotels Group PLC presently has an average rating of “Hold” and an average target price of GBX 2,121.95 ($36.02).

InterContinental Hotels Group PLC (LON:IHG) opened at 2281.00 on Tuesday. InterContinental Hotels Group PLC has a 1-year low of GBX 1729.9999 and a 1-year high of GBX 2380.00. The stock’s 50-day moving average is GBX 2226.11 and its 200-day moving average is GBX 2018.. The company’s market cap is £5.884 billion.

The company also recently declared a dividend, which is scheduled for Monday, July 14th. Stockholders of record on Tuesday, July 1st will be given a dividend of GBX 174.90 ($2.97) per share. The ex-dividend date of this dividend is Tuesday, July 1st.

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

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