Key Research Analysts at Numis Maintain their ‘”Hold”’ rating for Intercontinental Hotels Group (LON:IHG) Shares Today. Their Target Price per Share is GBX 4850.00

June 18, 2018 - By Peter Erickson

InterContinental Hotels Group PLC (LON:IHG) Logo

Intercontinental Hotels Group (LON:IHG) Rating Reaffirmed

Recently, In analysts report revealed on Monday, 18 June, Intercontinental Hotels Group (LON:IHG) shares have had their “Hold” Rating maintained by research professionals at Numis, who currently has a GBX 4850.00 PT on company. This target by Numis would suggest the possibile downside of -0.70 % from the current stock price.

InterContinental Hotels Group PLC (LON:IHG) Ratings Coverage

Among 10 analysts covering InterContinental Hotels Group PLC (LON:IHG), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. InterContinental Hotels Group PLC has GBX 5800 highest and GBX 3680 lowest target. GBX 4615’s average target is -5.72% below currents GBX 4895 stock price. InterContinental Hotels Group PLC had 27 analyst reports since December 21, 2017 according to SRatingsIntel. On Thursday, December 21 the stock rating was maintained by Barclays Capital with “Equal Weight”. HSBC maintained the shares of IHG in report on Friday, February 16 with “Hold” rating. On Wednesday, February 21 the stock rating was maintained by Kepler Cheuvreux with “Reduce”. Credit Suisse maintained the shares of IHG in report on Tuesday, January 2 with “Outperform” rating. Numis Securities maintained the shares of IHG in report on Monday, February 26 with “Hold” rating. The firm has “Equal Weight” rating by Barclays Capital given on Thursday, February 22. Barclays Capital maintained InterContinental Hotels Group PLC (LON:IHG) on Thursday, March 29 with “Equal Weight” rating. The stock of InterContinental Hotels Group PLC (LON:IHG) has “Sell” rating given on Tuesday, February 20 by Bryan Garnier & Cie. The firm has “Equal Weight” rating by Barclays Capital given on Thursday, February 1. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, February 21.

The stock decreased 0.53% or GBX 26 during the last trading session, reaching GBX 4895. About 242,939 shares traded. InterContinental Hotels Group PLC (LON:IHG) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels. The company has market cap of 9.19 billion GBP. It operates hotels, resorts, and restaurants under the InterContinental, Kimpton, Hotel Indigo, EVEN, HUALUXE, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Crowne Plaza, Holiday Inn Club Vacations, Holiday Inn Resort, and Candlewood Suites Hotels brand names. It has a 16.04 P/E ratio. The firm also manages IHG Rewards Club, a hotel loyalty program.

More recent InterContinental Hotels Group PLC (LON:IHG) news were published by: Finance.Yahoo.com which released: “What To Know Before Buying InterContinental Hotels Group PLC (LON:IHG) For Its Dividend” on June 02, 2018. Also Prnewswire.com published the news titled: “Summer’s A Treat At Holiday Inn® With Chocolate Milk Happy Hour” on June 13, 2018. Prnewswire.com‘s news article titled: “InterContinental® Hotels & Resorts Launches A Curated Audible Book Collection, Inspired By The InterContinental Life” with publication date: May 24, 2018 was also an interesting one.

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