Shares of InterContinental Hotels Group PLC (LON:IHG) have earned an average rating of “Hold” from the twenty research firms that are currently covering the company. Six research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 2,920.32 ($36.17).

A number of analysts have recently weighed in on the company. Credit Suisse Group AG restated an “outperform” rating and issued a GBX 3,550 ($43.97) target price on shares of InterContinental Hotels Group PLC in a research note on Tuesday, October 25th. Beaufort Securities reiterated a “buy” rating on shares of InterContinental Hotels Group PLC in a report on Monday, October 24th. Kepler Capital Markets cut InterContinental Hotels Group PLC to a “reduce” rating and decreased their price target for the company from GBX 3,074 ($38.08) to GBX 3,022.80 ($37.44) in a report on Monday, October 24th. Barclays PLC raised their price target on InterContinental Hotels Group PLC from GBX 2,955 ($36.60) to GBX 3,060 ($37.90) and gave the company an “equal weight” rating in a report on Monday, October 24th. Finally, Panmure Gordon reiterated a “hold” rating and issued a GBX 2,800 ($34.68) price target on shares of InterContinental Hotels Group PLC in a report on Friday, October 21st.

In related news, insider Richard Solomons sold 37,340 shares of InterContinental Hotels Group PLC stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of GBX 3,157 ($39.11), for a total value of £1,178,823.80 ($1,460,205.38).

InterContinental Hotels Group PLC (LON:IHG) opened at 3083.00 on Wednesday. InterContinental Hotels Group PLC has a one year low of GBX 2,162.48 and a one year high of GBX 3,376.00. The firm’s market cap is GBX 7.03 billion. The stock has a 50 day moving average price of GBX 3,175.84 and a 200-day moving average price of GBX 3,019.02.

InterContinental Hotels Group PLC Company Profile

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.

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