Were Analysts Bearish InterContinental Hotels Group PLC (LON:IHG) This Week?

March 4, 2018 – By Louis Casey

InterContinental Hotels Group PLC (LON:IHG) Ratings Coverage

Among 24 analysts covering InterContinental Hotels Group PLC (LON:IHG), 5 have Buy rating, 4 Sell and 15 Hold. Therefore 21% are positive. InterContinental Hotels Group PLC had 204 analyst reports since July 27, 2015 according to SRatingsIntel. On Tuesday, February 20 the stock rating was maintained by Bryan Garnier & Cie with “Sell”. Citigroup maintained the shares of IHG in report on Monday, November 16 with “Buy” rating. The company was maintained on Friday, October 16 by UBS. The stock of InterContinental Hotels Group PLC (LON:IHG) earned “Neutral” rating by JP Morgan on Thursday, January 14. The stock of InterContinental Hotels Group PLC (LON:IHG) has “Add” rating given on Thursday, December 24 by AlphaValue. The rating was maintained by JP Morgan on Friday, February 24 with “Underweight”. Raymond James maintained InterContinental Hotels Group PLC (LON:IHG) on Wednesday, March 9 with “Outperform” rating. Oddo & Cie maintained the stock with “Buy” rating in Monday, December 14 report. Raymond James maintained it with “Outperform” rating and GBX 2850 target in Monday, September 7 report. The stock of InterContinental Hotels Group PLC (LON:IHG) has “Hold” rating given on Tuesday, August 2 by Numis Securities. Below is a list of InterContinental Hotels Group PLC (LON:IHG) latest ratings and price target changes.

26/02/2018 Broker: Numis Securities Rating: Hold New Target: GBX 4700.00 Maintain
22/02/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 4360.00 New Target: GBX 4400.00 Maintain
21/02/2018 Broker: Kepler Cheuvreux Rating: Reduce Old Target: GBX 4300.00 New Target: GBX 4300.00 Maintain
21/02/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 5800.00 New Target: GBX 5500.00 Maintain
20/02/2018 Broker: Bryan Garnier & Cie Rating: Sell Old Target: GBX 4100.00 New Target: GBX 4100.00 Maintain
20/02/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 4950.00 New Target: GBX 4950.00 Maintain
16/02/2018 Broker: HSBC Rating: Hold Old Target: GBX 3800.00 New Target: GBX 4600.00 Maintain
15/02/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 5800.00 New Target: GBX 5800.00 Maintain
15/02/2018 Broker: Barclays Capital Rating: Equal Weight New Target: GBX 4360.00 Maintain
14/02/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 4500.00 New Target: GBX 4500.00 Maintain

The stock decreased 2.22% or GBX 101 during the last trading session, reaching GBX 4454. About 873,365 shares traded or 13.18% up from the average. InterContinental Hotels Group PLC (LON:IHG) has 0.00% since March 4, 2017 and is . It has underperformed by 16.70% the S&P500.

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels. The company has market cap of 8.35 billion GBP. It operates hotels, resorts, and restaurants under the InterContinental, Kimpton, Hotel Indigo, EVEN, HUALUXE, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Crowne Plaza, Holiday Inn Club Vacations, Holiday Inn Resort, and Candlewood Suites Hotels brand names. It has a 14.59 P/E ratio. The firm also manages IHG Rewards Club, a hotel loyalty program.

More notable recent InterContinental Hotels Group PLC (LON:IHG) news were published by: Uk.Finance.Yahoo.com which released: “Why I’d avoid Intercontinental Hotels Group plc today” on February 20, 2018, also Ft.com with their article: “InterContinental Hotels CEO to retire; London growth rips higher” published on May 05, 2017, Bloomberg.com published: “InterContinental Exits Nigeria Over Debt Fallout With Partners” on January 11, 2018. More interesting news about InterContinental Hotels Group PLC (LON:IHG) were released by: Seekingalpha.com and their article: “Can InterContinental Hotels Replicate Marriott’s Success?” published on January 30, 2018 as well as Seekingalpha.com‘s news article titled: “InterContinental Hotels’ (IHG) CEO Keith Barr on Q4 2017 Results – Earnings …” with publication date: February 20, 2018.