Deutsche Bank Aktiengesellschaft Reiterates “Hold” Rating for InterContinental Hotels Group (LON:IHG)

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of InterContinental Hotels Group (LON:IHG) in a research report report published on Thursday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 8,300 ($106.77) price target on the stock.

Separately, Jefferies Financial Group restated a hold rating and issued a GBX 84 ($1.08) price target on shares of InterContinental Hotels Group in a research note on Tuesday, May 21st. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, InterContinental Hotels Group presently has a consensus rating of Hold and a consensus target price of GBX 5,847.33 ($75.22).

InterContinental Hotels Group Price Performance

Shares of LON IHG opened at GBX 7,366 ($94.75) on Thursday. The firm has a market cap of £11.96 billion, a price-to-earnings ratio of 2,122.77, a P/E/G ratio of 1.76 and a beta of 0.97. The stock’s fifty day moving average price is GBX 8,109.32 and its two-hundred day moving average price is GBX 8,001.73. InterContinental Hotels Group has a one year low of GBX 5,548 ($71.37) and a one year high of GBX 8,790 ($113.07).

InterContinental Hotels Group Company Profile

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 under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, Iberostar Beachfront Resorts, Holiday Inn Club Vacations, and Candlewood Suites brand names.