Breaking: Intercontinental Hotels Group (LON:IHG) Outperform Rating Kept by Analysts at Credit Suisse Today; The Target Price Given is GBX 5100.00

November 21, 2017 - By Michael Collier

Intercontinental Hotels Group (LON:IHG) Rating Reaffirmed

Credit Suisse now has a GBX 5100.00 TP on the 8.21B GBP market cap company or 18.36 % upside potential. In an analyst report sent to investors and clients on Monday, 20 November, Intercontinental Hotels Group (LON:IHG) shares have had their Outperform Rating reiterated by research analysts at Credit Suisse.

InterContinental Hotels Group PLC (LON:IHG) Ratings Coverage

Among 24 analysts covering InterContinental Hotels Group PLC (LON:IHG), 5 have Buy rating, 5 Sell and 14 Hold. Therefore 21% are positive. InterContinental Hotels Group PLC has GBX 5100 highest and GBX 2150 lowest target. GBX 3480.71’s average target is -19.54% below currents GBX 4326 stock price. InterContinental Hotels Group PLC had 182 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Neutral” on Tuesday, November 17. The company was maintained on Wednesday, February 24 by Beaufort Securities. JP Morgan maintained InterContinental Hotels Group PLC (LON:IHG) rating on Wednesday, July 27. JP Morgan has “Underweight” rating and GBX 2723 target. The firm has “Hold” rating given on Friday, October 21 by Panmure Gordon. The firm has “Outperform” rating given on Friday, October 7 by Credit Suisse. The firm has “Hold” rating by Kepler Cheuvreux given on Monday, May 9. Numis Securities maintained the shares of IHG in report on Tuesday, January 24 with “Hold” rating. Deutsche Bank maintained InterContinental Hotels Group PLC (LON:IHG) rating on Monday, May 9. Deutsche Bank has “Hold” rating and GBX 2770 target. The stock has “Neutral” rating by Goldman Sachs on Thursday, December 22. The rating was maintained by AlphaValue on Thursday, December 24 with “Add”.

About 76,149 shares traded. InterContinental Hotels Group PLC (LON:IHG) has 0.00% since November 21, 2016 and is . It has underperformed by 16.70% the S&P500.

InterContinental Hotels Group PLC is a hotel company. The company has market cap of 8.21 billion GBP. The Firm franchises its brands to, and manages hotels on behalf of, third-party hotel owners. It has a 25.68 P/E ratio. The Company’s divisions include The Americas; Europe; Asia, Middle East and Africa ; Greater China, and Central.

More important recent InterContinental Hotels Group PLC (LON:IHG) news were published by: Seekingalpha.com which released: “InterContinental Hotels’ (IHG) Management on Q3 2017 Results – Earnings Call …” on October 20, 2017, also Reuters.com published article titled: “Cyber attack hits 1200 InterContinental hotels in United States”, Seekingalpha.com published: “InterContinental Hotels’ (IHG) CEO Keith Barr on Q2 2017 Results – Earnings …” on August 14, 2017. More interesting news about InterContinental Hotels Group PLC (LON:IHG) was released by: Ft.com and their article: “InterContinental Hotels CEO to retire; London growth rips higher” with publication date: May 05, 2017.

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