Intercontinental Hotels Group (NYSE: IHG) received a number of ratings updates from brokerages and research firms in the last week:
- Intercontinental Hotels Group was downgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a $2,000.00 price target on the stock, up previously from $1,800.00.
- Intercontinental Hotels Group was downgraded by analysts at Oriel Securities Ltd to a “hold” rating.
- Intercontinental Hotels Group had its price target raised by analysts at Jefferies Group from $1,500.00 to $1,770.00. They now have a “hold” rating on the stock.
- Intercontinental Hotels Group had its price target raised by analysts at Citigroup from $1,900.00 to $2,200.00. They now have a “buy” rating on the stock.
- Intercontinental Hotels Group had its price target raised by analysts at Credit Suisse from $1,845.00 to $1,906.00. They now have a “neutral” rating on the stock.
Intercontinental Hotels Group traded up 0.59% on Wednesday, hitting $29.11. The stock’s 50-day moving average is currently $0.. The company has a market cap of $7.472 billion and a price-to-earnings ratio of 14.50.
InterContinental Hotels Group PLC (IHG) is a global hotel company, operating seven brands internationally.
