InterContinental Hotels Group PLC (IHG) Earns "Equal weight" Rating from Barclays PLC

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15 July, 2017

Barclays PLC reissued their equal weight rating on shares of InterContinental Hotels Group PLC (LON:IHG) in a research report released on Thursday, June 29th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company's stock.

Geneva Advisors LLC increased its stake in shares of Intercontinental Hotels Group by 3.3% in the first quarter. Intercontinental Hotels Group now has a consensus rating of Hold and a consensus price target of $50.33.

InterContinental Hotels Group PLC is a hotel company. The brokerage presently has a $63.00 price target on the stock.

12/08/2015 - Intercontinental Hotels Group was downgraded to "hold" by analysts at Berenberg Bank. Credit Suisse Group cut shares of Intercontinental Hotels Group from an "outperform" rating to a "neutral" rating in a research report on Monday, June 19th.

08/03/2016 - Intercontinental Hotels Group had its " rating reiterated by analysts at Citigroup.

ILLEGAL ACTIVITY WARNING: "Elegant Hotels Group PLC's (EHG) "Buy" Rating Reiterated at Liberum Capital" was originally reported by Stock Observer and is the property of of Stock Observer.

12/05/2016 - Intercontinental Hotels Group was downgraded to "neutral" by analysts at MKM Partners. Finally, Numis Securities Ltd restated a hold rating and set a GBX 3,550 ($45.98) target price on shares of InterContinental Hotels Group PLC in a research note on Tuesday, February 21st.

06/22/2016 - Intercontinental Hotels Group was downgraded to " by analysts at Goldman Sachs. J P Morgan Chase & Co reiterated an underweight rating and issued a GBX 3,415 ($44.24) price target on shares of InterContinental Hotels Group PLC in a report on Monday, May 8th.

10/01/2017 - InterContinental Hotels Group had its "Outperform" rating reiterated by analysts at Credit Suisse.

04/14/2016 - Intercontinental Hotels Group was downgraded to "underweight" by analysts at JP Morgan.

02/22/2016 - Intercontinental Hotels Group had its " rating reiterated by analysts at Nomura. The stock's 50 day moving average is GBX 4,349.77 and its 200 day moving average is GBX 4,069.12. The firm has a market cap of $10.35 billion, a price-to-earnings ratio of 27.19 and a beta of 1.34.

The share price of the company (LON:IHG) was down -0.37% during the last trading session, with a high of 4312.00 during the day and the volume of InterContinental Hotels Group shares traded was 358236. Greenleaf Trust bought a new position in Intercontinental Hotels Group during the first quarter worth about $255,000. Intercontinental Hotels Group has a 52-week low of $37.46 and a 52-week high of $57.80.

"... It was important for us to partner with an operator that could offer us such a strong brand, and Leicester Square has its own personality and neighborhood story, which is why Hotel Indigo is the ideal fit for the area", said Michael North, head of hotels, Criterion Capital. 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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