InterContinental Hotels Group PLC Rating Reiterated by Panmure Gordon (IHG)
IHG has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of InterContinental Hotels Group PLC in a research note on Friday. Separately, analysts at SunTrust raised their price target on shares of InterContinental Hotels Group PLC from $3.00 to $36.00 in a research note on Wednesday. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of InterContinental Hotels Group PLC in a research note on Thursday, July 31st. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. InterContinental Hotels Group PLC currently has an average rating of “Hold” and a consensus target price of $35.50.
InterContinental Hotels Group PLC (NYSE:IHG) traded down 0.77% during mid-day trading on Friday, hitting $37.15. 173,701 shares of the company’s stock traded hands. InterContinental Hotels Group PLC has a one year low of $29.5883 and a one year high of $45.1788. The stock’s 50-day moving average is $41.83 and its 200-day moving average is $38.31. The company has a market cap of $8.779 billion and a price-to-earnings ratio of 33.55.
The company also recently declared a special dividend, which is scheduled for Friday, September 26th. Stockholders of record on Friday, August 22nd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, August 20th.
InterContinental Hotels Group PLC (NYSE:IHG) is a global hotel company, operating nine brands internationally.
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