InterContinental Hotels to return $1.5bn to shareholders

InterContinental Hotels Group PLC 25.4% Potential Upside Indicated by Kepler Cheuvreux Goldman Sachs restated a buy rating and set a GBX 3,115 ($44.07) price objective (down from GBX 3,325 ($47.04)) on shares of InterContinental Hotels Group PLC in a research report on Tuesday, October 27th.

The average 12 month price target among analysts that have covered the stock in the a year ago is GBX 2,676.06 ($37.86).

This would imply the analyst believes there is now a potential upside of 25.4% from today’s opening price of 2472 GBX.