Analysts Set InterContinental Hotels Group PLC (LON:IHG) Target Price at GBX 5,473.75

InterContinental Hotels Group PLC (LON:IHG) has received an average rating of “Reduce” from the six analysts that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 5,898.75 ($74.74).

A number of research firms have weighed in on IHG. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 95 ($1.20) target price on shares of InterContinental Hotels Group in a report on Tuesday. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 7,800 ($98.83) price target on shares of InterContinental Hotels Group in a research note on Thursday.

InterContinental Hotels Group Stock Performance

Shares of IHG stock opened at GBX 9,970.87 ($126.34) on Tuesday. The company has a debt-to-equity ratio of -162.30, a current ratio of 0.85 and a quick ratio of 1.35. The company has a market cap of £19.99 billion, a P/E ratio of 32.73, a P/E/G ratio of 1.69 and a beta of 0.98. InterContinental Hotels Group has a one year low of GBX 7,032 ($89.10) and a one year high of £109.75 ($139.06). The firm has a 50-day moving average of £100.61 and a 200-day moving average of GBX 8,970.14.

InterContinental Hotels Group Company Profile

Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry’s largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.

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.