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InterContinental Hotels Group PLC 24.5% Potential Upside Indicated by Credit Suisse

InterContinental Hotels Group PLC with EPIC/TICKER (LON:IHG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. InterContinental Hotels Group PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 5800 GBX on its stock. This now indicates the analyst believes there is a possible upside of 24.5% from today’s opening price of 4658 GBX. Over the last 30 and 90 trading days the company share price has decreased 187 points and increased 417 points respectively. The 52 week high for the stock is 4944 GBX while the 52 week low for the stock is 3656 GBX.

InterContinental Hotels Group PLC has a 50 day moving average of 4,701.57 GBX and the 200 Day Moving Average price is recorded at 4,325.54. There are currently 188,551,940 shares in issue with the average daily volume traded being 584,910. Market capitalisation for LON:IHG is £8,814,803,195 GBP.