Deutsche Bank AG Reiterates "Hold" Rating for InterContinental Hotels Group PLC (IHG)

Remigio Civitarese
Mag 24, 2017

Therefore 22% are positive. InterContinental Hotels Group PLC had 151 analyst reports since July 27, 2015 according to SRatingsIntel. InterContinental Hotels Group PLC has a 52-week low of GBX 2,615.29 and a 52-week high of GBX 4,437.84. Kepler Capital Markets boosted their price objective on InterContinental Hotels Group PLC from GBX 3,022.80 ($39.32) to GBX 3,500 ($45.53) and gave the company a reduce rating in a research note on Wednesday, February 22nd.

The latest broker reports which are now outstanding on Wednesday 24th of May state 4 analysts have a rating of "strong buy", 0 analysts "buy", 0 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Credit Suisse Group AG reduced their price objective on InterContinental Hotels Group PLC from GBX 4,515 ($58.74) to GBX 4,500 ($58.54) and set an "outperform" rating on the stock in a report on Monday, May 15th. On Tuesday, August 2 the stock rating was maintained by Numis Securities with "Hold". The firm has "Hold" rating by Deutsche Bank given on Wednesday, December 14. As per Thursday, July 30, the company rating was maintained by Panmure Gordon.

In other news, insider Paul Edgecliffe-Johnson sold 11,000 shares of the company's stock in a transaction dated Thursday, March 2nd. The firm has "Overweight" rating by Barclays Capital given on Thursday, February 16. The stock has an average rating of Hold and an average target price of GBX 3,559.29 ($46.30). The stock has "Outperform" rating by Raymond James on Wednesday, March 9.

About 53,826 shares traded. It has underperformed by 16.70% the S&P500. The company has market cap of 62.58 million GBP.

TRADEMARK VIOLATION NOTICE: "Deutsche Bank AG Reiterates "Hold" Rating for InterContinental Hotels Group PLC (IHG)" was first posted by Stock Observer and is owned by of Stock Observer.

Action Hotels plc is a hotel owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. It has a 27.38 P/E ratio. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central.

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