Kepler Capital analyst Julien Richer maintained a Sell rating on InterContinental Hotels on August 7 and set a price target of p8,000.00. The company’s shares closed yesterday at p8,824.00.
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According to TipRanks, Richer is a 3-star analyst with an average return of 2.9% and a 49.16% success rate. Richer covers the Services sector, focusing on stocks such as Sodexo SA, Accor SA, and EDENRED.
InterContinental Hotels has an analyst consensus of Hold, with a price target consensus of p8,767.27, representing a -0.64% downside. In a report released yesterday, J.P. Morgan also reiterated a Sell rating on the stock with a p8,500.00 price target.
The company has a one-year high of p10,975.00 and a one-year low of p7,160.00. Currently, InterContinental Hotels has an average volume of 466.5K.
Read More on GB:IHG:
- InterContinental price target raised to 8,500 GBp from 8,300 GBp at JPMorgan
- Cautious Outlook on InterContinental Hotels Amid Slowing RevPAR Growth and Competitive Challenges
- InterContinental Hotels: Balancing Growth Prospects with Cautious Valuation Amid Macroeconomic Uncertainties
- InterContinental Hotels Group Executes Share Buyback
- InterContinental Hotels Group Reports Strong Half-Year Results and Record Openings