Headlines about InterContinental Hotels Group (NYSE:IHG) have trended positive on Wednesday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. InterContinental Hotels Group earned a news sentiment score of 0.43 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.0624065934192 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of research analysts have issued reports on the stock. SunTrust Banks increased their target price on shares of InterContinental Hotels Group to $66.00 and gave the company a “hold” rating in a report on Tuesday, February 27th. ValuEngine cut shares of InterContinental Hotels Group from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd. 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. Goldman Sachs Group upgraded shares of InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a research report on Friday, January 19th. Finally, 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $67.13.
InterContinental Hotels Group (IHG) traded down $0.33 during trading on Wednesday, reaching $63.55. 108,159 shares of the company traded hands, compared to its average volume of 342,255. InterContinental Hotels Group has a 12-month low of $49.03 and a 12-month high of $69.23. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of -2.22.
TRADEMARK VIOLATION NOTICE: This report was originally reported by BBNS and is owned by of BBNS. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://baseballnewssource.com/2018/03/14/intercontinental-hotels-group-ihg-earning-favorable-media-coverage-report-finds/1927117.html.
InterContinental Hotels Group Company Profile
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.