Breaking Finance News

InterContinental Hotels Group PLC (LON:IHG) has been retained to Buy in a statement by Beaufort Securities earlier today.

Just yesterday InterContinental Hotels Group PLC (LON:IHG) traded 0.59% higher at 3,068.00GBX. The company’s 50-day moving average is 3,249.42GBX and its 200-day moving average is 3,064.48GBX. The last stock close is up 6.38% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. 534,819 shares of InterContinental Hotels Group PLC were exchanged, down from ann average volume of 704,131.

Beaufort Securities has retained InterContinental Hotels Group PLC(LON:IHG) to Buy in a report released 8/03/2016.

On 8/02/2016, numis reported on InterContinental Hotels Group PLC(LON:IHG) bumped the target price from 0.00GBX to 2,700.00GBX that indicated a possible downside of -0.13%.

Recent Performance Chart:

InterContinental Hotels Group PLC (LON:IHG)

A total of 19 brokers have reported on the company. One firm rate the stock a strong buy, four analysts rate the company a buy, 14 analyts rate the company a hold, two brokerages rate the company to underperform, and finally one analystrate the stock as sell with a consensus target stock price of 41.67GBX

InterContinental Hotels Group PLC has a one-year low of 2,162.48GBX and a one-year high of 3,376.00GBX with a P/E ratio of 7 and has a total market value of 0.0 GBX.

General Company Details For 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, and 040 rooms.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *