INTERCONTINENTAL HOTELS GROUP Common Stock 23.4% Potential Upside Indicated by Goldman Sachs

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INTERCONTINENTAL HOTELS GROUP Common Stock with EPIC/TICKER (LON:IHG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. INTERCONTINENTAL HOTELS GROUP Common Stock are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 4080 GBX on its stock. This now indicates the analyst believes there is a possible upside of 23.4% from today’s opening price of 3306 GBX. Over the last 30 and 90 trading days the company share price has decreased 249 points and decreased 1420 points respectively. The 52 week high for the share price is currently at 5770 GBX while the 52 week low for the share price is 2161 GBX.

INTERCONTINENTAL HOTELS GROUP Common Stock has a 50 day moving average of 3,498.26 GBX and the 200 Day Moving Average price is recorded at 4,592.88. There are currently 182,656,312 shares in issue with the average daily volume traded being 921,367. Market capitalisation for LON:IHG is £6,093,414,568 GBP.

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