InterContinental Hotels Group PLC (LON:IHG) Given Consensus Rating of “Hold” by Analysts

InterContinental Hotels Group PLC (LON:IHG) has earned a consensus recommendation of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 7,025.

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

InterContinental Hotels Group Stock Up 0.1%

Shares of LON:IHG opened at GBX 157.70 on Wednesday. The company has a market cap of £233.17 million, a price-to-earnings ratio of 0.32, a PEG ratio of 1.69 and a beta of 1.03. InterContinental Hotels Group has a 12 month low of GBX 84.58 and a 12 month high of GBX 175.70. The company has a current ratio of 0.97, a quick ratio of 1.34 and a debt-to-equity ratio of -181.87. The company has a 50-day moving average price of GBX 160.76 and a 200 day moving average price of GBX 581.69.

About InterContinental Hotels Group

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.