InterContinental Hotels Group PLC’s (IHG) Hold Rating Reaffirmed at Deutsche Bank AG

InterContinental Hotels Group PLC (LON:IHG)‘s stock had its “hold” rating reissued by research analysts at Deutsche Bank AG in a research report issued to clients and investors on Friday, October 20th.

A number of other equities research analysts have also recently commented on IHG. Beaufort Securities reissued a “buy” rating and issued a GBX 4,700 ($62.02) price objective on shares of InterContinental Hotels Group PLC in a research note on Wednesday, August 9th. Liberum Capital reissued a “hold” rating and issued a GBX 4,600 ($60.70) price objective on shares of InterContinental Hotels Group PLC in a research note on Tuesday, August 8th. Kepler Capital Markets reissued a “reduce” rating and issued a GBX 3,656 ($48.24) price objective on shares of InterContinental Hotels Group PLC in a research note on Tuesday, August 8th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 4,200 ($55.42) price objective on shares of InterContinental Hotels Group PLC in a research note on Tuesday, August 8th. Finally, Berenberg Bank reissued a “hold” rating on shares of InterContinental Hotels Group PLC in a research note on Wednesday, August 23rd. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company’s stock. InterContinental Hotels Group PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 3,916.79 ($51.69).

Shares of InterContinental Hotels Group PLC (IHG) opened at 4183.00 on Friday. The stock’s market capitalization is GBX 8.20 billion. InterContinental Hotels Group PLC has a 1-year low of GBX 3,088.63 and a 1-year high of GBX 4,492.00. The firm’s 50-day moving average is GBX 3,946.81 and its 200-day moving average is GBX 4,145.87.

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InterContinental Hotels Group PLC Company Profile

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.

Analyst Recommendations for InterContinental Hotels Group PLC (LON:IHG)

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