InterContinental Hotels Group PLC (LON:IHG) Receives GBX 5,473.75 Consensus Target Price from Analysts

InterContinental Hotels Group PLC (LON:IHG) has earned a consensus recommendation of “Hold” from the five ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 5,898.75 ($74.53).

Several equities analysts recently issued reports on IHG shares. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 7,800 ($98.55) target price on shares of InterContinental Hotels Group in a report on Thursday. Jefferies Financial Group reissued a “hold” rating and issued a GBX 95 ($1.20) price objective on shares of InterContinental Hotels Group in a research note on Tuesday, February 18th.

InterContinental Hotels Group Stock Down 0.2 %

Shares of LON IHG opened at GBX 9,900 ($125.08) on Tuesday. The company’s 50 day moving average price is £100.60 and its 200-day moving average price is GBX 8,990.79. The company has a debt-to-equity ratio of -162.30, a quick ratio of 1.35 and a current ratio of 0.85. InterContinental Hotels Group has a 52-week low of GBX 7,032 ($88.84) and a 52-week high of £109.75 ($138.66). The company has a market capitalization of £19.84 billion, a P/E ratio of 32.49, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98.

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.