INTERCONTINENTAL HOTELS GROUP Common Stock 9.8% Potential Upside Indicated by Deutsche Bank

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INTERCONTINENTAL HOTELS GROUP Common Stock with EPIC/TICKER (LON:IHG) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today 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 a target price of 4050 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.8% from today’s opening price of 3688 GBX. Over the last 30 and 90 trading days the company share price has decreased 341 points and increased 674 points respectively. The 52 week high for the share price is currently at 5770 GBX while the 52 week low is 2161 GBX.

INTERCONTINENTAL HOTELS GROUP Common Stock has a 50 day moving average of 3,856.14 GBX and the 200 Day Moving Average price is recorded at 4,400.11. There are currently 182,656,312 shares in issue with the average daily volume traded being 859,621. Market capitalisation for LON:IHG is £6,842,305,447 GBP.

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