Analysts Set InterContinental Hotels Group PLC (LON:IHG) Price Target at GBX 7,499

Shares of InterContinental Hotels Group PLC (LON:IHGGet Free Report) have been given a consensus rating of “Hold” by the five brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 9,350.

Several brokerages have issued reports on IHG. Berenberg Bank reaffirmed a “buy” rating on shares of InterContinental Hotels Group in a research note on Monday, January 19th. JPMorgan Chase & Co. boosted their target price on InterContinental Hotels Group from £104 to £119 and gave the stock an “overweight” rating in a research report on Tuesday, December 2nd. Finally, Citigroup increased their price target on shares of InterContinental Hotels Group from GBX 7,900 to GBX 8,000 and gave the company a “sell” rating in a research report on Friday, October 24th.

View Our Latest Stock Analysis on IHG

Key InterContinental Hotels Group News

Here are the key news stories impacting InterContinental Hotels Group this week:

InterContinental Hotels Group Stock Performance

LON IHG opened at GBX 143.15 on Friday. InterContinental Hotels Group has a 52-week low of GBX 72.52 and a 52-week high of GBX 150.90. The company has a fifty day moving average of GBX 3,432.69 and a 200-day moving average of GBX 7,199.71. The company has a market capitalization of £215.42 million, a P/E ratio of 0.30, a P/E/G ratio of 1.69 and a beta of 0.98. The company has a debt-to-equity ratio of -162.30, a quick ratio of 1.35 and a current ratio of 0.85.

InterContinental Hotels Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for InterContinental Hotels Group (LON:IHG)

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