InterContinental Hotels Group (IHG) Receives Daily News Sentiment Score of 0.38
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:
- InterContinental Hotels Group PLC (IHG) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Staybridge Suites Launching in Asia Pacific (hotelnewsresource.com)
- Origin Property links with IHG on hotel projects (nationmultimedia.com)
- IHG Signs First Staybridge Suites in Asia Pacific (asiatraveltips.com)
- Cornerstone partners with IHG to enter local hotel market with Kimpton brand – Taipei Times (taipeitimes.com)
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.
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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.
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