InterContinental Hotels Group PLC (LON:IHG – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 151.26 and traded as high as GBX 161. InterContinental Hotels Group shares last traded at GBX 158.73, with a volume of 235,791 shares trading hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reiterated a “buy” rating on shares of InterContinental Hotels Group in a report on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 7,025.
InterContinental Hotels Group Price Performance
InterContinental Hotels Group Company Profile
Our presence
IHG® Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 20 hotel brands and IHG One Rewards, one of the world’s largest hotel loyalty programmes with over 160 million members, IHG has more than one million rooms across 6,963 open hotels in over 100 countries, and a development pipeline of a further 2,300 properties.
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.
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