Investment analysts at Liberum Capital boosted their target price on shares of InterContinental Hotels Group (LON: IHG)
Shares of InterContinental Hotels Group (LON: IHG) traded down 0.47% during mid-day trading on Wednesday, hitting GBX 1939.7729. InterContinental Hotels Group has a one year low of GBX 1483.929 and a one year high of GBX 2044.00. The stock’s 50-day moving average is currently GBX 1630.. The company’s market cap is 4.979 billion. IHG has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of InterContinental Hotels Group in a research note to investors on Tuesday, March 12th. They now have a $32.86 price target on the stock. Separately, analysts at UBS AG upgraded shares of InterContinental Hotels Group from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, March 12th. They now have a $31.36 price target on the stock, up previously from $19.41. Finally, analysts at Goldman Sachs raised their price target on shares of InterContinental Hotels Group from $32.32 to $33.82 in a research note to investors on Wednesday, March 6th. They now have a “buy” rating on the stock.
Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. InterContinental Hotels Group has a consensus rating of “Buy” and a consensus target price of $30.19 (1998 GBX). InterContinental Hotels Group PLC (LON: IHG) is a global hotel company, operating seven brands internationally.