Intercontinental Hotels Group with ticker code (IHG) have now 1 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 54 and 54 calculating the average target price we see 54. Now with the previous closing price of 49.26 this is indicating there is a potential upside of 9.6%. The 50 day moving average now sits at 48.42 and the 200 day MA is 50.05. The company has a market cap of $8,740m. You can visit the company’s website by visiting: 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.