InterContinental Hotels Group (IHG) Receives News Impact Rating of 0.31

Media headlines about InterContinental Hotels Group (NYSE:IHG) have been trending positive on Saturday, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. 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 sentiment score of 0.31 on Accern’s scale. Accern also gave media stories about the company an impact score of 44.9557132120052 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

InterContinental Hotels Group (NYSE IHG) traded up $0.99 during trading hours on Friday, reaching $65.66. 194,269 shares of the company’s stock were exchanged, compared to its average volume of 470,999. The company has a current ratio of 0.73, a quick ratio of 0.72 and a debt-to-equity ratio of -1.92. The stock has a market cap of $12,360.00, a PE ratio of 29.44, a P/E/G ratio of 1.87 and a beta of 1.34. InterContinental Hotels Group has a one year low of $47.19 and a one year high of $65.69.

A number of equities analysts have weighed in on IHG shares. Zacks Investment Research raised shares of InterContinental Hotels Group from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Thursday, December 28th. Bank of America upped their price objective on shares of InterContinental Hotels Group from $60.50 to $62.38 and gave the company a “buy” rating in a research report on Friday, October 20th. Morgan Stanley raised shares of InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, November 29th. Finally, Credit Suisse Group raised shares of InterContinental Hotels Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $59.13.

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About InterContinental Hotels Group

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.

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