INTERCONTINENTAL HOTELS GROUP Common Stock 22.4% Potential Upside Indicated by Deutsche Bank

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INTERCONTINENTAL HOTELS GROUP Common Stock using EPIC/TICKER code (LON:IHG) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. INTERCONTINENTAL HOTELS GROUP Common Stock are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set their target price at 4300 GBX on its stock. This would imply the analyst believes there is now a potential upside of 22.4% from the opening price of 3514 GBX. Over the last 30 and 90 trading days the company share price has increased 339 points and decreased 1208.5 points respectively. The 1 year high for the share price is 5770 GBX while the 52 week low is 2161 GBX.

INTERCONTINENTAL HOTELS GROUP Common Stock has a 50 day moving average of 3,701.26 GBX and a 200 day moving average of 4,692.05. There are currently 182,656,312 shares in issue with the average daily volume traded being 1,227,991. Market capitalisation for LON:IHG is £6,150,038,025 GBP.

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