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InterContinental Hotels Group PLC 9.7% Potential Decrease Indicated by Barclays Capital

InterContinental Hotels Group PLC using EPIC/TICKER code (LON:IHG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Barclays Capital. InterContinental Hotels Group PLC are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 4000 GBX on its stock. This indicates the analyst believes there is a potential downside of -9.7% from today’s opening price of 4430 GBX. Over the last 30 and 90 trading days the company share price has increased 131 points and increased 658 points respectively. The 1 year high stock price is 4492 GBX while the 52 week low is 3214 GBX.

InterContinental Hotels Group PLC has a 50 day moving average of 4,231.80 GBX and the 200 Day Moving Average price is recorded at 4,230.62. There are currently 190,697,584 shares in issue with the average daily volume traded being 554,651. Market capitalisation for LON:IHG is £8,409,763,454 GBP.

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