Published On: Wed, Oct 19th, 2016

Analyst Coverage: Intercontinental Hotels Group (NYSE:IHG)


Recently stock market analysts have updated their consensus ratings on shares of Intercontinental Hotels Group (NYSE:IHG).

Most recent broker ratings

09/26/2016 – Intercontinental Hotels Group was downgraded to “underweight” by analysts at Morgan Stanley.

08/08/2016 – Intercontinental Hotels Group had its “buy” rating reiterated by analysts at MKM Partners. They now have a USD 48 price target on the stock.

08/03/2016 – Intercontinental Hotels Group had its “neutral” rating reiterated by analysts at Citigroup.

08/03/2016 – Intercontinental Hotels Group had its “buy” rating reiterated by analysts at Beaufort Securities.

06/22/2016 – Intercontinental Hotels Group was downgraded to “neutral” by analysts at Goldman Sachs.

04/14/2016 – Intercontinental Hotels Group was downgraded to “underweight” by analysts at JP Morgan.

04/12/2016 – Intercontinental Hotels Group had its “underperform” rating reiterated by analysts at Credit Agricole.

04/12/2016 – Intercontinental Hotels Group had its “underperform” rating reiterated by analysts at CLSA.

02/24/2016 – Intercontinental Hotels Group had its “market perform” rating reiterated by analysts at Telsey Advisory Group. They now have a USD 35 price target on the stock.

02/22/2016 – Intercontinental Hotels Group had its “neutral” rating reiterated by analysts at Nomura.

12/08/2015 – Intercontinental Hotels Group was downgraded to “hold” by analysts at Berenberg Bank.

10/20/2015 – Intercontinental Hotels Group had its “hold” rating reiterated by analysts at Panmure Gordon.

10/05/2015 – Intercontinental Hotels Group had its “neutral” rating reiterated by analysts at Bryan Garnier.

08/28/2015 – Intercontinental Hotels Group was upgraded to “outperform” by analysts at Credit Suisse.

07/27/2015 – Intercontinental Hotels Group had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 39 price target on the stock.

Intercontinental Hotels Group has a 50 day moving average of 42.01 and a 200 day moving average of 41.91. The stock’s market capitalization is 9.19B, it has a 52-week low of 34.63 and a 52-week high of 50.58.

The share price of the company (NYSE:IHG) was up +2.10%, with a high of 40.49during the day and the volume of Intercontinental Hotels Group shares traded was 117048.

InterContinental Hotels Group PLC is a hotel company. The Company operates hotels in three ways: as a franchisor, as a manager, and on an owned and leased basis. The Company’s segments include Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. The Company operates a portfolio of hotel brands, including InterContinental, HUALUXE Hotels and Resorts, Kimpton Hotels and Restaurants, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites and Candlewood Suites. The Company has approximately 5,000 hotels and over 744,000 guest rooms in its system in over 100 countries, and has over 1,300 hotels in its development pipeline. It operates approximately 4,220 hotels under franchise agreements. The Company manages over 810 hotels and owns seven hotels across the world. The Company’s InterContinental Hotels & Resorts brand operates approximately 180 hotels with over 62,040 rooms.