InterContinental Hotels Group PLC (LON:IHG) Receives Consensus Recommendation of “Hold” from Brokerages

InterContinental Hotels Group PLC (LON:IHG) has been given an average recommendation of “Hold” by the six brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 7,025.

IHG has been the subject of several analyst reports. UBS Group reissued a “neutral” rating and set a GBX 150 price target on shares of InterContinental Hotels Group in a research report on Tuesday, May 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of InterContinental Hotels Group in a research report on Friday, June 26th.

InterContinental Hotels Group Stock Down 0.2%

Shares of InterContinental Hotels Group stock opened at GBX 160.70 on Friday. The company has a 50-day simple moving average of GBX 162.76 and a two-hundred day simple moving average of GBX 147.54. The stock has a market capitalization of £237.60 million, a PE ratio of 0.33, a price-to-earnings-growth ratio of 1.69 and a beta of 1.03. InterContinental Hotels Group has a 52-week low of GBX 84.58 and a 52-week high of GBX 175.70. 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 Company Profile

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.