INTERCONTINENTAL HOTELS GROUP Common Stock (LON:IHG) had its price objective decreased by equities research analysts at Credit Suisse Group from GBX 5,800 ($75.08) to GBX 5,650 ($73.14) in a research report issued on Wednesday. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 20.06% from the company’s previous close.

IHG has been the subject of several other research reports. Barclays boosted their price objective on INTERCONTINENTAL HOTELS GROUP Common Stock from GBX 4,400 ($56.96) to GBX 4,500 ($58.25) and gave the company an “equal weight” rating in a report on Thursday, June 7th. Liberum Capital restated a “hold” rating on shares of INTERCONTINENTAL HOTELS GROUP Common Stock in a report on Friday, May 4th. Berenberg Bank restated a “hold” rating and set a GBX 4,500 ($58.25) price objective on shares of INTERCONTINENTAL HOTELS GROUP Common Stock in a report on Wednesday, April 18th. Numis Securities restated a “hold” rating on shares of INTERCONTINENTAL HOTELS GROUP Common Stock in a report on Tuesday. Finally, Kepler Capital Markets restated a “reduce” rating on shares of INTERCONTINENTAL HOTELS GROUP Common Stock in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 4,575 ($59.22).

INTERCONTINENTAL HOTELS GROUP Common Stock opened at GBX 4,706 ($60.92) on Wednesday, according to MarketBeat Ratings. INTERCONTINENTAL HOTELS GROUP Common Stock has a 52 week low of GBX 3,656 ($47.33) and a 52 week high of GBX 4,944 ($64.00).

INTERCONTINENTAL HOTELS GROUP Common Stock Company Profile

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels, resorts, and restaurants under the InterContinental, Kimpton, Hotel Indigo, EVEN, HUALUXE, Crowne Plaza, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, Holiday Inn Resort, avid, Staybridge Suites, and Candlewood Suites brands.

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Analyst Recommendations for INTERCONTINENTAL HOTELS GROUP Common Stock (LON:IHG)

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