Jefferies Financial Group reissued their hold rating on shares of InterContinental Hotels Group (LON:IHG – Free Report) in a report published on Tuesday, Marketbeat reports. The firm currently has a GBX 84 ($1.07) target price on the stock.
Other equities analysts have also recently issued reports about the stock. Citigroup reissued a sell rating on shares of InterContinental Hotels Group in a research note on Thursday, February 22nd. Berenberg Bank upped their price target on shares of InterContinental Hotels Group from GBX 6,000 ($76.26) to GBX 7,400 ($94.05) and gave the stock a hold rating in a research note on Wednesday, February 28th. Finally, JPMorgan Chase & Co. increased their price objective on shares of InterContinental Hotels Group from GBX 5,400 ($68.63) to GBX 6,100 ($77.53) and gave the company an underweight rating in a research note on Tuesday, February 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus price target of GBX 5,362.33 ($68.15).
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InterContinental Hotels Group Price Performance
IHG stock opened at GBX 7,802 ($99.16) on Tuesday. The company has a fifty day moving average price of GBX 7,967.92 and a 200 day moving average price of GBX 7,458.56. InterContinental Hotels Group has a 12 month low of GBX 5,178 ($65.81) and a 12 month high of GBX 8,790 ($111.72). The company has a market cap of £12.70 billion, a price-to-earnings ratio of 2,210.20, a price-to-earnings-growth ratio of 1.75 and a beta of 0.97.
InterContinental Hotels Group Company Profile
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, Iberostar Beachfront Resorts, Holiday Inn Club Vacations, and Candlewood Suites brand names.
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