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InterContinental Hotels Group PLC (LON:IHG) target price raised to 3,100.00GBX, reported today by Societe Generale

Showing a price of 3,086.00GBX, InterContinental Hotels Group PLC (LON:IHG) traded 0.09% higher on the day. The last stock price close is up 5.41% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. The company has registered a 50-day moving average of 3,236.32GBX and two hundred day average of 3,067.40GBX. Volume of trade was was up over the average, with 1,120,306 shares of IHG changing hands over the typical 710,999 shares.

In a statement issued on Wednesday August 3 2016 Societe Generale upped the target price of InterContinental Hotels Group PLC (LON:IHG) from 0GBX to 3,100GBX indicating a possible upsideof 0.00%.

On 8/02/2016, numis released a statement on InterContinental Hotels Group PLC(LON:IHG) upped 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)

In addition to Societe Generale reporting it’s stock price target, a total of 19 firms have issued a ratings update on the company. The average target stock price is 41.67GBX with one firm rating the company a strong buy, four firms rating the company a buy, 14 analysts rating the stock a hold, two analysts rating the company to underperform, and lastly one firm rating the stock as sell.

With a market capitalization of 0.0 GBX, InterContinental Hotels Group PLC has a price-earnings of 7 with a one-year low of 2,162.48GBX and a one-year high of 3,376.00GBX.

Brief Synopsis 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, and 040 rooms.

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