Intercontinental Hotels Group – Consensus Indicates Potential 15.3% Upside

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Intercontinental Hotels Group with ticker code (IHG) have now 1 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 63 and 63 and has a mean target at 63. Given that the stocks previous close was at 54.65 this would imply there is a potential upside of 15.3%. The 50 day moving average now sits at 54.25 and the 200 day moving average is 49.95. The company has a market cap of $9,644m. Visit the company website at: http://www.ihgplc.com

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels, resorts, restaurants, and spas under the InterContinental Hotels & Resorts, Regent, Six Senses, Kimpton Hotels & Restaurants, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Voco, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, avid, Staybridge Suites, Atwell Suites, and Candlewood Suites brand names. It also provides IHG Rewards Club, a hotel loyalty program. As of February 28, 2020, the company had approximately 5,900 hotels and 884,000 rooms in approximately 100 countries. InterContinental Hotels Group PLC was founded in 1777 and is headquartered in Denham, the United Kingdom.

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