InterContinental Hotels Group Rating Reiterated by Barclays Capital (IHG)
InterContinental Hotels Group (LON: IHG)‘s stock had its “overweight” rating reaffirmed by Barclays Capital in a research note issued on Wednesday. They currently have a $32.30 (2085 GBX) price target on the stock.
A number of other analysts have also recently weighed in on IHG. Analysts at Investec downgraded shares of InterContinental Hotels Group from a “buy” rating to a “hold” rating in a research note to investors on Tuesday. They now have a $31.04 price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of InterContinental Hotels Group in a research note to investors on Monday. They now have a $30.15 price target on the stock. Finally, analysts at Cantor Fitzgerald initiated coverage on shares of InterContinental Hotels Group in a research note to investors on Wednesday, January 23rd. They set a “buy” rating on the stock.
InterContinental Hotels Group opened at 1962.0001 on Wednesday. InterContinental Hotels Group has a 1-year low of GBX 1472.1429 and a 1-year high of GBX 2009.00. The stock’s 50-day moving average is currently GBX 1630.. The company’s market cap is £5.329 billion.
InterContinental Hotels Group PLC (IHG) is a global hotel company, operating seven brands internationally.
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