InterContinental Hotels Group PLC (LON:IHG - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8,455.81 ($105.04) and traded as high as £100 ($124.22). InterContinental Hotels Group shares last traded at GBX 9,820 ($121.99), with a volume of 195,427 shares traded.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised shares of InterContinental Hotels Group to a "buy" rating in a research note on Wednesday, September 18th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of GBX 5,471 ($67.96).
View Our Latest Stock Analysis on InterContinental Hotels Group
InterContinental Hotels Group Stock Performance
The business has a 50-day simple moving average of GBX 9,330.86 and a 200-day simple moving average of GBX 8,457.64. The company has a market cap of £15.56 billion, a price-to-earnings ratio of 3,328.81, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98.
Insider Buying and Selling
In other news, insider Daniela Barone Soares sold 328 shares of the company's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 8,604 ($106.88), for a total transaction of £28,221.12 ($35,057.29). Insiders own 5.99% of the company's stock.
InterContinental Hotels Group Company Profile
(
Get Free Report)
Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry's largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.
Our ambition
To deliver industry-leading growth in our scale,
enterprise platform and performance, doing so
sustainably for all stakeholders, including our hotel
owners, guests and society as a whole.
Our strategy
To use our scale and expertise to create the
exceptional guest experiences and owner returns
needed to grow our brands in the industry's most
valuable markets and segments.
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