Exane BNP Paribas analyst Jaafar Mestari downgraded InterContinental to Neutral from Outperform with a 5,950 GBp price target. The analyst now prefers shares of Accor to IHG.
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Read More on IHG:
- InterContinental price target raised to 6,200 GBp from 5,500 GBp at Jefferies
- Jefferies lodging/leisure analyst holds analyst/industry conference call
- InterContinental price target raised to 5,730 GBp at Deutsche Bank
- InterContinental upgraded to Buy from Neutral at BofA
- InterContinental price target raised to 6,200 GBp from 5,900 GBp at JPMorgan