InterContinental Hotels Group (NYSE:IHG) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $1.16 per share for the quarter.
Shares of InterContinental Hotels Group (IHG) opened at $63.49 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.72 and a debt-to-equity ratio of -1.92. InterContinental Hotels Group has a twelve month low of $48.39 and a twelve month high of $69.23.
IHG has been the topic of several recent research reports. ValuEngine raised shares of InterContinental Hotels Group from a “hold” rating to a “buy” rating in a report on Friday. Goldman Sachs Group raised shares of InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a report on Friday, January 19th. Zacks Investment Research raised shares of InterContinental Hotels Group from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Thursday, December 28th. Bank of America increased their price target on shares of InterContinental Hotels Group from $60.50 to $62.38 and gave the stock a “buy” rating in a report on Friday, October 20th. Finally, Morgan Stanley raised shares of InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $59.13.
InterContinental Hotels Group Company Profile
InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. It operates a portfolio of hotel brands, including InterContinental, HUALUXE, Kimpton, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Holiday Inn Resort, Holiday Inn Club Vacations and Candlewood Suites Hotels.
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