Jefferies Financial Group reissued their hold rating on shares of InterContinental Hotels Group (LON:IHG - Free Report) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. They currently have a GBX 95 ($1.20) price target on the stock.
InterContinental Hotels Group Price Performance
Shares of LON:IHG traded down GBX 20 ($0.25) during midday trading on Tuesday, hitting GBX 9,900 ($125.08). The stock had a trading volume of 707,612 shares, compared to its average volume of 2,715,082. The company's 50-day moving average price is £100.60 and its 200-day moving average price is GBX 8,982.80. The company has a market capitalization of £19.84 billion, a P/E ratio of 32.49, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98. The company has a quick ratio of 1.35, a current ratio of 0.85 and a debt-to-equity ratio of -162.30. InterContinental Hotels Group has a fifty-two week low of GBX 7,032 ($88.84) and a fifty-two week high of £109.75 ($138.66).
About InterContinental Hotels Group
(
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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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