Recent exceptional positive changes in investment behavior have benefitted Intercontinental Hotels Group PL (NYSE: IHG): the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.
Recent important positive changes in fundamentals have benefitted Intercontinental Hotels Group PL (NYSE: IHG): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
The stock is currently unrated.
Current PriceTarget Research Rating
IHG’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Intercontinental Hotels Group PL is currently unrated.
Recent Price Action
Intercontinental Hotels Group PL (NYSE: IHG) stock closed at $102.32 on 9/12/24 after a modest gain of 1.0%. Moreover, trading volume in this advance was exceptionally high at 202% of normal. The stock has risen 3.7% during the last week and has been strong relative to the market over the last nine months.
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