Analysts Set InterContinental Hotels Group PLC (LON:IHG) Price Target at GBX 7,025

Shares of InterContinental Hotels Group PLC (LON:IHG) have earned a consensus rating of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on 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.

Separately, Jefferies Financial Group restated a “buy” rating on shares of InterContinental Hotels Group in a research note on Friday, June 26th.

InterContinental Hotels Group Stock Performance

Shares of InterContinental Hotels Group stock opened at GBX 160.50 on Thursday. The business’s fifty day simple moving average is GBX 161.56 and its 200 day simple moving average is GBX 151.17. The firm has a market capitalization of £237.31 million, a P/E ratio of 0.33, a price-to-earnings-growth ratio of 1.69 and a beta of 1.03. InterContinental Hotels Group has a 12 month low of GBX 86.18 and a 12 month high of GBX 175.70. The company has a current ratio of 0.66, a quick ratio of 1.34 and a debt-to-equity ratio of -152.48.

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.