InterContinental Hotels Group (NYSE:IHG) Earns Daily News Impact Rating of 0.31

Media coverage about InterContinental Hotels Group (NYSE:IHG) has been trending positive on Thursday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. InterContinental Hotels Group earned a daily sentiment score of 0.31 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.1241643825367 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several equities analysts recently weighed in on IHG shares. Zacks Investment Research cut shares of InterContinental Hotels Group from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Bank of America raised their target price on shares of InterContinental Hotels Group from $60.50 to $62.38 and gave the company a “buy” rating in a research note on Friday, October 20th. 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. Goldman Sachs Group upgraded shares of InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a research report on Friday, January 19th. Finally, 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $59.13.

Shares of InterContinental Hotels Group (IHG) opened at $67.07 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.72 and a debt-to-equity ratio of -1.92. InterContinental Hotels Group has a twelve month low of $48.08 and a twelve month high of $69.23.

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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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