InterContinental Hotels Group (IHG) Lifted to Neutral at UBS Group
UBS Group upgraded shares of InterContinental Hotels Group (NYSE:IHG) from a sell rating to a neutral rating in a report issued on Thursday, www.benzinga.com reports.
Separately, Morgan Stanley downgraded InterContinental Hotels Group from an equal weight rating to an underweight rating in a research note on Monday, January 7th. Four equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $69.00.
IHG stock opened at $56.11 on Thursday. InterContinental Hotels Group has a 52 week low of $50.84 and a 52 week high of $69.23.
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, 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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