InterContinental Hotels Group PLC’s “Hold” Rating Reaffirmed at Numis Securities Ltd (IHG)
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of InterContinental Hotels Group PLC in a research note on Thursday, July 31st. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of InterContinental Hotels Group PLC in a research note on Friday, June 27th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. The company 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% on Friday, hitting $37.15. 173,701 shares of the company’s stock traded hands. InterContinental Hotels Group PLC has a 52-week low of $29.5883 and a 52-week high of $45.1788. The stock has a 50-day moving average of $41.83 and a 200-day moving average of $38.31. The company has a market cap of $8.779 billion and a P/E ratio of 33.55.
The company also recently announced a special dividend, which is scheduled for Friday, September 26th. Investors of record on Friday, August 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, August 20th.
InterContinental Hotels Group PLC (NYSE:IHG) is a global hotel company, operating nine brands internationally.
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