InterContinental Hotels Group (LON:IHG) Earns Hold Rating from Deutsche Bank Aktiengesellschaft

InterContinental Hotels Group (LON:IHG - Get Free Report)'s stock had its "hold" rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a report released on Monday, MarketBeat Ratings reports. They presently have a GBX 7,900 ($105.97) price objective on the stock. Deutsche Bank Aktiengesellschaft's price target suggests a potential downside of 8.56% from the company's previous close.

Separately, Citigroup dropped their price objective on shares of InterContinental Hotels Group from GBX 8,900 ($119.38) to GBX 7,500 ($100.60) and set a "sell" rating for the company in a report on Tuesday, April 15th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of GBX 6,139 ($82.35).

InterContinental Hotels Group Stock Up 0.3%

IHG opened at GBX 8,640 ($115.90) on Monday. The company has a fifty day moving average price of GBX 8,594.32 and a 200-day moving average price of GBX 8,965.77. The firm has a market capitalization of £17.32 billion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98. The company has a debt-to-equity ratio of -162.30, a current ratio of 0.85 and a quick ratio of 1.35. InterContinental Hotels Group has a one year low of GBX 7,032 ($94.33) and a one year high of £109.75 ($147.22).

InterContinental Hotels Group Company Profile

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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