Key Points
- Insider Nicholas Cadbury acquired 700 shares of InterContinental Hotels Group on March 4 at an average price of £134.34, a total transaction of £94,038.
- IHG opened at GBX 132 and was trading down 1.4%, with a reported market cap of £198.64 million and a P/E of 0.28; analysts' consensus is a "Hold" (three Buys, one Hold, one Sell) with a consensus price target of GBX 9,350.
InterContinental Hotels Group PLC (LON:IHG - Get Free Report) insider Nicholas Cadbury acquired 700 shares of the stock in a transaction dated Wednesday, March 4th. The shares were bought at an average cost of £134.34 per share, for a total transaction of £94,038.
InterContinental Hotels Group Trading Down 1.4%
InterContinental Hotels Group stock opened at GBX 132 on Friday. InterContinental Hotels Group PLC has a 12-month low of GBX 72.52 and a 12-month high of GBX 150.90. The firm has a market capitalization of £198.64 million, a price-to-earnings ratio of 0.28, a P/E/G ratio of 1.69 and a beta of 1.08. The firm has a 50 day moving average of GBX 1,169.28 and a 200 day moving average of GBX 6,550.90. The company has a current ratio of 0.97, a quick ratio of 1.35 and a debt-to-equity ratio of -181.87.
Analyst Ratings Changes
IHG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of InterContinental Hotels Group from £104 to £119 and gave the company an "overweight" rating in a report on Tuesday, December 2nd. Berenberg Bank reaffirmed a "buy" rating on shares of InterContinental Hotels Group in a research note on Monday, January 19th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of GBX 9,350.
Get Our Latest Stock Analysis on IHG
InterContinental Hotels Group Company Profile
(
Get Free Report)
Our presence
IHG® Hotels & Resorts is a global hospitality company,
with 19 hotel brands, one of the industry's largest
loyalty programmes, over 6,300 open hotels in more
than 100 countries, and a further 1,800 hotels in our
development pipeline.
Our ambition
To deliver industry-leading growth in our scale,
enterprise platform and performance, doing so
sustainably for all stakeholders, including our hotel
owners, guests and society as a whole.
Our strategy
To use our scale and expertise to create the
exceptional guest experiences and owner returns
needed to grow our brands in the industry's most
valuable markets and segments.
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