InterContinental Hotels Group PLC (LON: IHG) has recently received a number of price target changes and ratings updates:

  • 9/5/2017 – InterContinental Hotels Group PLC had its price target lowered by analysts at Morgan Stanley from GBX 4,000 ($51.66) to GBX 3,700 ($47.79). They now have an “underweight” rating on the stock.
  • 8/31/2017 – InterContinental Hotels Group PLC had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 4,000 ($51.66) price target on the stock.
  • 8/24/2017 – InterContinental Hotels Group PLC had its “sell” rating reaffirmed by analysts at Bryan, Garnier & Co. They now have a GBX 3,520 ($45.46) price target on the stock.
  • 8/23/2017 – InterContinental Hotels Group PLC had its “hold” rating reaffirmed by analysts at Berenberg Bank.
  • 8/9/2017 – InterContinental Hotels Group PLC had its “buy” rating reaffirmed by analysts at Beaufort Securities. They now have a GBX 4,700 ($60.70) price target on the stock.
  • 8/8/2017 – InterContinental Hotels Group PLC had its “reduce” rating reaffirmed by analysts at Kepler Capital Markets. They now have a GBX 3,656 ($47.22) price target on the stock.
  • 8/8/2017 – InterContinental Hotels Group PLC had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 4,200 ($54.24) price target on the stock.
  • 8/8/2017 – InterContinental Hotels Group PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 4,600 ($59.41) price target on the stock.
  • 8/2/2017 – InterContinental Hotels Group PLC had its price target raised by analysts at Deutsche Bank AG from GBX 3,500 ($45.20) to GBX 4,000 ($51.66). They now have a “hold” rating on the stock.
  • 7/31/2017 – InterContinental Hotels Group PLC had its price target raised by analysts at J P Morgan Chase & Co from GBX 3,415 ($44.10) to GBX 3,450 ($44.56). They now have an “underweight” rating on the stock.
  • 7/27/2017 – InterContinental Hotels Group PLC had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 4,000 ($51.66) price target on the stock.
  • 7/13/2017 – InterContinental Hotels Group PLC had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 4,000 ($51.66) price target on the stock.

Shares of InterContinental Hotels Group PLC (LON IHG) traded down 1.52% during trading on Wednesday, reaching GBX 3749.00. The company’s stock had a trading volume of 536,043 shares. The stock’s market capitalization is GBX 7.35 billion. InterContinental Hotels Group PLC has a 12-month low of GBX 3,088.63 and a 12-month high of GBX 4,492.00. The firm’s 50-day moving average is GBX 4,086.35 and its 200-day moving average is GBX 4,167.46.

The company also recently disclosed a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, August 31st will be paid a $0.33 dividend. This represents a dividend yield of 0.61%. The ex-dividend date is Thursday, August 31st.

In other news, insider Richard Solomons sold 31,000 shares of the firm’s stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of GBX 4,413 ($56.99), for a total value of £1,368,030 ($1,766,795.82).

InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. It operates a portfolio of hotel brands, including InterContinental, HUALUXE, Kimpton, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Holiday Inn Resort, Holiday Inn Club Vacations and Candlewood Suites Hotels.

Receive News & Stock Ratings for InterContinental Hotels Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterContinental Hotels Group PLC and related stocks with our FREE daily email newsletter.