InterContinental Hotels Group (IHG) Earns Daily Media Impact Rating of 0.35
News headlines about InterContinental Hotels Group (NYSE:IHG) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InterContinental Hotels Group earned a daily sentiment score of 0.35 on Accern’s scale. Accern also gave media stories about the company an impact score of 44.9220579858874 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of InterContinental Hotels Group (NYSE IHG) traded up $1.73 on Friday, reaching $68.56. 258,754 shares of the company were exchanged, compared to its average volume of 501,776. The company has a debt-to-equity ratio of -1.92, a current ratio of 0.73 and a quick ratio of 0.72. InterContinental Hotels Group has a 12-month low of $48.05 and a 12-month high of $68.61.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research lowered shares of InterContinental Hotels Group from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Credit Suisse Group upgraded shares of InterContinental Hotels Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 1st. Goldman Sachs Group upgraded shares of InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a research report on Friday. Morgan Stanley upgraded shares of InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 29th. Finally, Bank of America increased their target price on shares of InterContinental Hotels Group from $60.50 to $62.38 and gave the company a “buy” rating in a research report on Friday, October 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. InterContinental Hotels Group has a consensus rating of “Hold” and a consensus price target of $59.13.
InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. 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.
Receive News & Ratings for InterContinental Hotels Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterContinental Hotels Group and related companies with MarketBeat.com's FREE daily email newsletter.