Headlines about InterContinental Hotels Group (NYSE:IHG) have trended positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. InterContinental Hotels Group earned a daily sentiment score of 0.38 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.0033183873698 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news headlines that may have effected Accern’s scoring:

A number of equities research analysts have recently weighed in on IHG shares. Zacks Investment Research raised InterContinental Hotels Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Bank of America boosted their target price on InterContinental Hotels Group from $60.50 to $62.38 and gave the company a “buy” rating in a research note on Friday, October 20th. Morgan Stanley raised InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, November 29th. Credit Suisse Group raised InterContinental Hotels Group from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 1st. Finally, BidaskClub lowered InterContinental Hotels Group from a “hold” rating to a “sell” rating in a research note on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $55.46.

InterContinental Hotels Group (NYSE IHG) traded up $0.74 on Friday, reaching $61.07. The company’s stock had a trading volume of 536,218 shares, compared to its average volume of 216,221. The company has a debt-to-equity ratio of -1.92, a current ratio of 0.73 and a quick ratio of 0.72. InterContinental Hotels Group has a fifty-two week low of $45.41 and a fifty-two week high of $61.19.

TRADEMARK VIOLATION NOTICE: This piece of content was posted by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of international copyright legislation. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/intercontinental-hotels-group-ihg-receives-daily-news-sentiment-score-of-0-38/1768507.html.

About InterContinental Hotels Group

InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. It operates a portfolio of hotel brands, including InterContinental, HUALUXE, Kimpton, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Holiday Inn Resort, Holiday Inn Club Vacations and Candlewood Suites Hotels.

Insider Buying and Selling by Quarter for InterContinental Hotels Group (NYSE:IHG)

Receive News & Ratings for InterContinental Hotels Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterContinental Hotels Group and related companies with MarketBeat.com's FREE daily email newsletter.