Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from InterContinental Hotels ( (GB:IHG) ) is now available.
InterContinental Hotels Group PLC has announced that its Non-Executive Chair, Deanna Oppenheimer, is taking a short-term medical leave of absence. During her absence, Senior Independent Non-Executive Director Graham Allan will temporarily assume the Chair responsibilities. This leadership adjustment is expected to be temporary, with further updates on Oppenheimer’s return to be provided in the future.
The most recent analyst rating on (GB:IHG) stock is a Hold with a £9349.00 price target. To see the full list of analyst forecasts on InterContinental Hotels stock, see the GB:IHG Stock Forecast page.
Spark’s Take on GB:IHG Stock
According to Spark, TipRanks’ AI Analyst, GB:IHG is a Neutral.
InterContinental Hotels shows strong revenue growth and profitability, but financial stability is challenged by high leverage and negative equity. Technical indicators suggest a neutral trend with some bullish momentum. The valuation appears high, with a modest dividend yield. These factors collectively result in a moderate stock score.
To see Spark’s full report on GB:IHG stock, click here.
More about InterContinental Hotels
IHG Hotels & Resorts is a global hospitality company with a mission to provide True Hospitality for Good. It operates a family of 20 hotel brands and runs IHG One Rewards, one of the world’s largest hotel loyalty programs with over 145 million members. The company has over one million rooms across 6,700 hotels in more than 100 countries, with a development pipeline of over 2,200 properties. IHG’s portfolio includes luxury, premium, essentials, and suites categories, as well as exclusive partnerships. The Group’s holding company is incorporated in England and Wales, employing approximately 385,000 people worldwide.
Average Trading Volume: 437,571
Technical Sentiment Signal: Strong Buy
Current Market Cap: £13.5B
Learn more about IHG stock on TipRanks’ Stock Analysis page.