Other research analysts have also issued research reports about the company. Zacks Investment Research upgraded InterContinental Hotels Group from a “sell” rating to a “hold” rating in a research report on Saturday, October 26th. Jefferies Financial Group started coverage on InterContinental Hotels Group in a research report on Tuesday, September 17th. They issued a “buy” rating for the company. Berenberg Bank lowered InterContinental Hotels Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th. UBS Group decreased their target price on InterContinental Hotels Group from $4,800.00 to $4,400.00 and set a “sell” rating for the company in a research report on Thursday, October 24th. Finally, Barclays decreased their target price on InterContinental Hotels Group from $4,400.00 to $4,200.00 and set an “underweight” rating for the company in a research report on Thursday, October 24th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $4,300.00.
Shares of IHG opened at $61.41 on Friday. The stock has a 50 day moving average of $60.29 and a 200-day moving average of $64.35. InterContinental Hotels Group has a 52 week low of $50.97 and a 52 week high of $71.02.
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, resorts, and restaurants under the InterContinental, KIMPTON, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, Holiday Inn Resort, avid, Staybridge Suites, Candlewood Suites, and InterContinental Hotels & Resorts brands.
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