InterContinental Hotels Group PLC (LON:IHG) Receives Consensus Rating of “Hold” from Analysts

Shares of InterContinental Hotels Group PLC (LON:IHGGet Free Report) have earned an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 7,025.

A number of equities analysts recently commented on the company. Jefferies Financial Group reiterated a “buy” rating on shares of InterContinental Hotels Group in a research note on Thursday, May 7th. UBS Group reiterated a “neutral” rating and issued a GBX 150 price target on shares of InterContinental Hotels Group in a research note on Tuesday, May 5th.

Check Out Our Latest Research Report on InterContinental Hotels Group

InterContinental Hotels Group Stock Up 3.8%

LON:IHG opened at GBX 166.45 on Friday. The company has a market capitalization of £247.18 million, a price-to-earnings ratio of 0.34, a price-to-earnings-growth ratio of 1.69 and a beta of 1.05. InterContinental Hotels Group has a one year low of GBX 80.74 and a one year high of GBX 167. The stock has a 50-day simple moving average of GBX 148.64 and a 200 day simple moving average of GBX 2,188.99. The company has a debt-to-equity ratio of -181.87, a quick ratio of 1.35 and a current ratio of 0.97.

InterContinental Hotels Group Company Profile

(Get Free Report)

Our presence
IHG® Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 20 hotel brands and IHG One Rewards, one of the world’s largest hotel loyalty programmes with over 160 million members, IHG has more than one million rooms across 6,963 open hotels in over 100 countries, and a development pipeline of a further 2,300 properties.

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.

See Also

Analyst Recommendations for InterContinental Hotels Group (LON:IHG)

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.