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

Shares of InterContinental Hotels Group PLC (LON:IHG) have been assigned a consensus rating of “Hold” from the six brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 7,025.

A number of research firms recently issued reports on IHG. Jefferies Financial Group restated a “buy” rating on shares of InterContinental Hotels Group in a report on Friday, June 26th. UBS Group reiterated a “neutral” rating and issued a GBX 150 target price on shares of InterContinental Hotels Group in a research note on Tuesday, May 5th.

InterContinental Hotels Group Trading Down 0.1%

Shares of InterContinental Hotels Group stock opened at GBX 163.80 on Thursday. The firm has a market cap of £242.19 million, a PE ratio of 0.34, a P/E/G ratio of 1.69 and a beta of 1.03. InterContinental Hotels Group has a 1 year low of GBX 86.18 and a 1 year high of GBX 175.70. The company has a debt-to-equity ratio of -152.48, a current ratio of 0.66 and a quick ratio of 1.34. The stock has a fifty day moving average price of GBX 162.52 and a 200-day moving average price of GBX 150.57.

About InterContinental Hotels Group

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.