Home » Reports » INTERCONTINENTAL HOTELS GROUP Common Stock 38.8% Potential Decrease Indicated by Citigroup

INTERCONTINENTAL HOTELS GROUP Common Stock 38.8% Potential Decrease Indicated by Citigroup

INTERCONTINENTAL HOTELS GROUP Common Stock using EPIC/TICKER code (LON:IHG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Citigroup. INTERCONTINENTAL HOTELS GROUP Common Stock are listed in the Consumer Services sector within UK Main Market. Citigroup have set their target price at 2050 GBX on its stock. This would indicate that the analyst believes there is a downside of -38.8% from the opening price of 3347 GBX. Over the last 30 and 90 trading days the company share price has decreased 68 points and decreased 1542 points respectively. The 1 year high stock price is 5770 GBX while the year low share price is currently 2161 GBX.

INTERCONTINENTAL HOTELS GROUP Common Stock has a 50 day moving average of 3,556.21 GBX and the 200 Day Moving Average price is recorded at 4,624.28. There are currently 182,656,312 shares in issue with the average daily volume traded being 941,206. Market capitalisation for LON:IHG is £5,885,186,372 GBP.

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