InterContinental Hotels Group PLC Receives “Hold” Rating from Societe Generale (IHG)

InterContinental Hotels Group PLC Receives “Hold” Rating From Societe Generale (IHG)Societe Generale reiterated their hold rating on shares of inter-continental Hotels Group PLC (LON:IHG) in a research report released on Friday, AnalystRatings.NET1 reports. The brokerage now has a GBX 2,700 ($41.91) price aim on the stock.

IHG has been also commented on by various other brokerages. JPMorgan Chase & Co.

reissued a neutral rating and issued a GBX 2,700 ($41.91) cost goal2 on shares of InterContinental Hotels Group PLC in a research report on Monday, July 27th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 2,600 ($40.35) price goal on shares of InterContinental Hotels Group PLC in a research note on Thursday. Panmure Gordon re-issued a hold evaluation and issued a GBX 2,250 ($34.92) price target on shares of InterContinental Hotels Group PLC in a research note on Thursday.

Deutsche Lender restated a hold evaluation and issued a GBX 2,770 ($42.99) cost aim on shares of InterContinental Hotels Group PLC in a report on Friday. Two research analysts have rated the inventory3 with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the business. The stock currently has a consensus rating4 of Hold and an average cost target of GBX 2,718.31 ($42.19).

InterContinental Hotels Group PLC (LON:IHG5) opened at 2698.00 on Friday.

InterContinental Hotels Group PLC has a 52 week low of 2,085.00 and a 52-week high of 2,967.00. The business s market cap is 6.33 billion. The firm has a-50-day moving average of 2,662.65 and a 200 day moving average of 2,684.66.

The organization also recently disclosed a dividend, that will be distributed on Friday, Oct 2nd.

This represents a yield of 0.65%. The ex-dividend date of this dividend is Thursday, August 27th.

InterContinental Hotels Group PLC (LON:IHG) is an international hotel company, operating nine brands internationally. IHG is the keeping organization.

IHG s hotels brands include InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indigo, Discount Holidays © Holiday Inn and Discount Holidays © Holiday Inn Club Vacations, Discount Holidays © Holiday Inn Express, Discount Holidays © Holiday Inn Resort, Staybridge Suites, Candlewood Suites and EVEN Hotels. It has four geographic sections: Americas, Europe, Asia, Middle East and Africa (AMEA), and Greater China. The Organization runs the hotels in three manners: managed, franchised and possessed.

In the Condado district of San Juan, Puerto Rico, IHG announced the launching of the first Discount Holidays © Holiday Inn Express hotel in April 2014.InterContinental Hotels Group PLC Receives “Hold” Rating From Societe Generale (IHG)6

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References

  1. ^ AnalystRatings.NET (www.marketbeat.com)
  2. ^ cost goal (www.marketbeat.com)
  3. ^ inventory (www.marketbeat.com)
  4. ^ consensus rating (www.marketbeat.com)
  5. ^ LON:IHG (www.marketbeat.com)
  6. ^ LON:IHG (www.marketbeat.com)
  7. ^ MarketBeat.com’s FREE daily email newsletter (sleekmoney.com)

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