InterContinental Hotels Group PLC (LON:IHG – Get Free Report) insider Byron Elmer Grote bought 400 shares of the company’s stock in a transaction on Friday, February 21st. The stock was bought at an average cost of £127.25 ($161.38) per share, for a total transaction of £50,900 ($64,552.95).
InterContinental Hotels Group Price Performance
LON IHG opened at GBX 9,827.17 ($124.63) on Thursday. The stock has a market cap of £19.70 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 1.69 and a beta of 0.98. InterContinental Hotels Group PLC has a 12 month low of GBX 7,032 ($89.18) and a 12 month high of £109.75 ($139.19). The company’s 50 day moving average is £100.43 and its two-hundred day moving average is GBX 9,026.57. The company has a current ratio of 0.85, a quick ratio of 1.35 and a debt-to-equity ratio of -162.30.
Analyst Ratings Changes
Several research firms have commented on IHG. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 7,800 ($98.92) target price on shares of InterContinental Hotels Group in a report on Thursday, February 20th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 95 ($1.20) price objective on shares of InterContinental Hotels Group in a research report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 5,898.75 ($74.81).
InterContinental Hotels Group Company Profile
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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