INTERCONTINENTAL HOTELS GROUP Common Stock 12.7% Potential Upside Indicated by HSBC

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INTERCONTINENTAL HOTELS GROUP Common Stock using EPIC/TICKER code (LON:IHG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. INTERCONTINENTAL HOTELS GROUP Common Stock are listed in the Consumer Services sector within UK Main Market. HSBC have set a target price of 4400 GBX on its stock. This would imply the analyst believes there is now a potential upside of 12.7% from today’s opening price of 3904 GBX. Over the last 30 and 90 trading days the company share price has decreased 81 points and increased 835.5 points respectively. The 52 week high share price is 5770 GBX while the year low share price is currently 2161 GBX.

INTERCONTINENTAL HOTELS GROUP Common Stock has a 50 day moving average of 3,825.57 GBX and a 200 day moving average of 4,447.20. There are currently 182,656,312 shares in issue with the average daily volume traded being 862,936. Market capitalisation for LON:IHG is £7,195,105,935 GBP.

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