InterContinental Hotels Group (IHG) Receiving Favorable Press Coverage, Report Shows

News articles about InterContinental Hotels Group (NYSE:IHG) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. InterContinental Hotels Group earned a news impact score of 0.38 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 44.7824846513397 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of InterContinental Hotels Group (NYSE:IHG) opened at $64.67 on Friday. The firm has a market cap of $12,280.00, a P/E ratio of 29.00, a P/E/G ratio of 2.50 and a beta of 1.34. The company has a debt-to-equity ratio of -1.92, a current ratio of 0.73 and a quick ratio of 0.72. InterContinental Hotels Group has a one year low of $47.19 and a one year high of $64.73.

IHG has been the subject of a number of research reports. Zacks Investment Research upgraded shares of InterContinental Hotels Group from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Bank of America increased their target price on shares of InterContinental Hotels Group from $60.50 to $62.38 and gave the stock a “buy” rating in a research report on Friday, October 20th. Credit Suisse Group upgraded shares of InterContinental Hotels Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 1st. Finally, Morgan Stanley upgraded shares of InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. InterContinental Hotels Group has a consensus rating of “Hold” and an average target price of $59.13.

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InterContinental Hotels Group 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.

Insider Buying and Selling by Quarter for InterContinental Hotels Group (NYSE:IHG)

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