News coverage about InterContinental Hotels Group (NYSE:IHG) has been trending positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. InterContinental Hotels Group earned a media sentiment score of 0.43 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.0624065934192 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Expedia’s Orbitz says 880000 payment cards hit in breach – TODAYonline (todayonline.com)
- 5 Stocks to Buy on Brexit Transition Deal & Buoyant Britain – Nasdaq … – Nasdaq (nasdaq.com)
- IHG® and Epelboim Development Group announce groundbreaking … – Franchising.com (franchising.com)
- Expedia’s Orbitz says 880000 payment cards hit in breach – One America News Network (press release) (oann.com)
- IHG signs Crowne Plaza Doha West Bay in Partnership with Tanmiyat Real Estate – Franchising.com (franchising.com)
InterContinental Hotels Group stock opened at $63.19 on Thursday. InterContinental Hotels Group has a 1-year low of $49.03 and a 1-year 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.
A number of brokerages have weighed in on IHG. SunTrust Banks increased their price target on shares of InterContinental Hotels Group to $66.00 and gave the company a “hold” rating in a report on Tuesday, February 27th. ValuEngine raised shares of InterContinental Hotels Group from a “hold” rating to a “buy” rating in a report on Friday, February 9th. Zacks Investment Research raised shares of InterContinental Hotels Group from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a report on Friday, February 23rd. Goldman Sachs raised shares of InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a report on Friday, January 19th. Finally, Morgan Stanley raised shares of InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $67.13.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by BBNS and is the sole property of of BBNS. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://baseballnewssource.com/2018/03/22/intercontinental-hotels-group-ihg-earning-favorable-media-coverage-report-finds/1927117.html.
About InterContinental Hotels Group
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.