Intercontinental Hotels Group (NYSE:IHG) Upgraded by Zacks Research to Hold Rating

Posted by Francis Steltz on Aug 28th, 2026

Intercontinental Hotels Group (NYSE:IHG – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

IHG has been the subject of several other research reports. Jefferies Financial Group increased their target price on shares of Intercontinental Hotels Group from $160.00 to $195.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Weiss Ratings restated a “buy (b)” rating on shares of Intercontinental Hotels Group in a research report on Friday, August 21st. Finally, Sanford C. Bernstein upped their price objective on Intercontinental Hotels Group from $141.00 to $154.00 and gave the company a “market perform” rating in a research note on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Intercontinental Hotels Group has an average rating of “Moderate Buy” and a consensus price target of $174.50.

Check Out Our Latest Research Report on Intercontinental Hotels Group

Intercontinental Hotels Group Price Performance

Shares of Intercontinental Hotels Group stock opened at $163.01 on Wednesday. Intercontinental Hotels Group has a 1 year low of $117.29 and a 1 year high of $175.89. The company’s fifty day moving average is $162.80 and its two-hundred day moving average is $151.34.

Institutional Trading of Intercontinental Hotels Group

Hedge funds have recently made changes to their positions in the company. Lord Abbett & CO. LLC acquired a new position in shares of Intercontinental Hotels Group during the fourth quarter worth about $26,758,000. Lazard Asset Management LLC lifted its position in Intercontinental Hotels Group by 98.4% in the second quarter. Lazard Asset Management LLC now owns 355,863 shares of the company’s stock valued at $41,044,000 after purchasing an additional 176,502 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Intercontinental Hotels Group by 55.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 406,572 shares of the company’s stock valued at $54,261,000 after purchasing an additional 145,360 shares in the last quarter. Marshall Wace LLP boosted its holdings in Intercontinental Hotels Group by 63.1% in the 3rd quarter. Marshall Wace LLP now owns 281,557 shares of the company’s stock valued at $34,142,000 after purchasing an additional 108,935 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its position in Intercontinental Hotels Group by 137.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 134,489 shares of the company’s stock worth $15,512,000 after purchasing an additional 77,883 shares during the period. Institutional investors and hedge funds own 15.09% of the company’s stock.

About Intercontinental Hotels Group

(Get Free Report)

Intercontinental Hotels Group plc (IHG) is a multinational hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. The company operates across full-service luxury and upscale segments as well as midscale and extended-stay categories, providing lodging, food and beverage, meeting and event services, and related guest amenities. IHG’s business model emphasizes brand franchising and management agreements, while retaining ownership or direct investments in a smaller portion of its global property portfolio.

IHG’s brand portfolio spans global and regional names designed to serve different traveler needs and market segments.