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

InterContinental Hotels Group PLC (LON:IHG) has been assigned an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating 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 research firms have commented on IHG. UBS Group reissued a “neutral” rating and issued a GBX 150 price target on shares of InterContinental Hotels Group in a research note on Tuesday, May 5th. Jefferies Financial Group reissued a “buy” rating on shares of InterContinental Hotels Group in a research note on Friday, June 26th.

InterContinental Hotels Group Stock Down 1.6%

IHG stock opened at GBX 163.55 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 1.34 and a debt-to-equity ratio of -181.87. The company’s 50 day moving average is GBX 158.75 and its 200 day moving average is GBX 946.70. The stock has a market cap of £241.82 million, a price-to-earnings ratio of 0.34, a price-to-earnings-growth ratio of 1.69 and a beta of 1.03. InterContinental Hotels Group has a 1-year low of GBX 84.58 and a 1-year high of GBX 175.70.

InterContinental Hotels Group Company Profile

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.