InterContinental Hotels Group PLC (LON:IHG) Receives GBX 7,025 Average Price Target from Brokerages

InterContinental Hotels Group PLC (LON:IHGGet Free Report) has received an average rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 7,025.

A number of equities research analysts have weighed in on the company. Jefferies Financial Group restated a “buy” rating on shares of InterContinental Hotels Group in a research note on Friday, June 26th. UBS Group reaffirmed a “neutral” rating and issued a GBX 150 target price on shares of InterContinental Hotels Group in a research report on Tuesday, May 5th.

Read Our Latest Stock Analysis on IHG

InterContinental Hotels Group Trading Down 0.6%

LON:IHG opened at GBX 157.85 on Friday. The company has a debt-to-equity ratio of -181.87, a quick ratio of 1.34 and a current ratio of 0.97. InterContinental Hotels Group has a one year low of GBX 85.92 and a one year high of GBX 175.70. The business’s 50-day simple moving average is GBX 163.27 and its 200 day simple moving average is GBX 148.38. The stock has a market cap of £233.39 million, a price-to-earnings ratio of 0.32, a price-to-earnings-growth ratio of 1.69 and a beta of 1.03.

InterContinental Hotels Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for InterContinental Hotels Group (LON:IHG)

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