A statement released earlier today by Credit Suisse about InterContinental Hotels Group PLC (LON:IHG) maintains the target price at 3,550.00GBX
- Updated: October 8, 2016
Credit Suisse hold steady the target of InterContinental Hotels Group PLC (LON:IHG) at 3,550.00GBX stating a potential upside of 0.08%.
On 9/30/2016, Kepler Cheuvreux released a statement for InterContinental Hotels Group PLC (LON:IHG) maintained the target price at 3,074.00GBX that suggested a downside of -0.04%.
Boasting a price of 3,272.50GBX, InterContinental Hotels Group PLC (LON:IHG) traded -0.25% lower on the day. With the last stock price close up 6.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. InterContinental Hotels Group PLC has recorded a 50-day average of 3,247.62GBX and a two hundred day average of 3,061.11GBX. Volume of trade was up over the average, with 720,080 shares of IHG changing hands over the typical 650,626
With a total market value of 0 GBX, InterContinental Hotels Group PLC has price-earnings ratio of 6.60 with a one year low of 2,162.48GBX and a one year high of 3,376.00GBX .
A total of 19 equity analysts have released a research note on IHG. One equity analyst rating the company a strong buy, four equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of 41.67GBX.
More About InterContinental Hotels Group PLC (LON:IHG)
InterContinental Hotels Group PLC is a hotel company. The Company operates hotels in three ways: as a franchisor, as a manager, and on an owned and leased basis. The Company's segments include Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. The Company operates a portfolio of hotel brands, including InterContinental, HUALUXE Hotels and Resorts, Kimpton Hotels and Restaurants, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites and Candlewood Suites. The Company has approximately 5,000 hotels and over 744,000 guest rooms in its system in over 100 countries, and has over 1,300 hotels in its development pipeline. It operates approximately 4,220 hotels under franchise agreements. The Company manages over 810 hotels and owns seven hotels across the world. The Company's InterContinental Hotels & Resorts brand operates approximately 180 hotels with over 62,040 rooms.
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