InterContinental Hotels Group’s (IHG) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of InterContinental Hotels Group (LON:IHG) in a research report report published on Tuesday, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 95 ($1.20) price objective on the stock.

InterContinental Hotels Group Price Performance

Shares of InterContinental Hotels Group stock opened at GBX 9,970.87 ($126.34) on Tuesday. InterContinental Hotels Group has a 1-year low of GBX 7,032 ($89.10) and a 1-year high of £109.75 ($139.06). The firm’s 50-day moving average price is £100.61 and its two-hundred day moving average price is GBX 8,970.14. The company has a current ratio of 0.85, a quick ratio of 1.35 and a debt-to-equity ratio of -162.30. The stock has a market capitalization of £19.99 billion, a price-to-earnings ratio of 32.73, a P/E/G ratio of 1.69 and a beta of 0.98.

About InterContinental Hotels Group

Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry’s largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.

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.