InterContinental Hotels Group PLC (LON:IHG – Get Free Report) has been assigned an average rating of “Reduce” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 6,159 ($84.08).
A number of analysts have recently weighed in on IHG shares. Deutsche Bank Aktiengesellschaft upgraded InterContinental Hotels Group to a “hold” rating and raised their target price for the company from GBX 7,750 ($105.80) to GBX 8,000 ($109.22) in a research note on Monday, April 14th. Citigroup decreased their price objective on shares of InterContinental Hotels Group from GBX 8,900 ($121.50) to GBX 7,500 ($102.39) and set a “sell” rating on the stock in a report on Tuesday, April 15th.
View Our Latest Research Report on IHG
InterContinental Hotels Group Trading Up 1.0%
InterContinental Hotels Group Company Profile
Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry’s largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.
Our ambition
To deliver industry-leading growth in our scale,
enterprise platform and performance, doing so
sustainably for all stakeholders, including our hotel
owners, guests and society as a whole.
Our strategy
To use our scale and expertise to create the
exceptional guest experiences and owner returns
needed to grow our brands in the industry’s most
valuable markets and segments.
Featured Stories
- Five stocks we like better than InterContinental Hotels Group
- Quiet Period Expirations Explained
- Rigetti Computing: Cantor’s Bullish Call May Be Just the Start
- What is a buyback in stocks? A comprehensive guide for investors
- Big Bank Buybacks: Morgan Stanley, Citi, & Wells Fargo Lead
- Comparing and Trading High PE Ratio Stocks
- 3 Top Stocks Under $20 Riding the “Made in America” Wave
Receive News & Ratings for InterContinental Hotels Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterContinental Hotels Group and related companies with MarketBeat.com's FREE daily email newsletter.