InterContinental Hotels Group’s (IHG) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of InterContinental Hotels Group (LON:IHG) in a report issued on Tuesday, MarketBeat.com reports. The firm currently has a GBX 95 ($1.20) price target on the stock.

InterContinental Hotels Group Price Performance

Shares of IHG stock opened at £102.06 ($128.74) on Tuesday. The company has a debt-to-equity ratio of -162.30, a current ratio of 0.85 and a quick ratio of 1.35. The company has a market capitalization of £20.46 billion, a P/E ratio of 33.50, a P/E/G ratio of 1.69 and a beta of 0.98. The company’s 50-day simple moving average is £100.55 and its two-hundred day simple moving average is GBX 8,948.70. InterContinental Hotels Group has a one year low of GBX 7,032 ($88.71) and a one year high of £109.75 ($138.45).

About InterContinental Hotels Group

Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry’s largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.

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.