Intercontinental Hotels Group (IHG) Gets a Buy from Bank of America Securities
Bank of America Securities analyst reiterated a Buy rating on Intercontinental Hotels Group today and set a price target of $160.00.
President's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
In addition to Bank of America Securities, Intercontinental Hotels Group also received a Buy from Barclays’s Pravin Gondhale in a report issued on February 11. However, today, Peel Hunt downgraded Intercontinental Hotels Group (NYSE: IHG) to a Hold.
Based on Intercontinental Hotels Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.54 billion and a net profit of $473.03 million. In comparison, last year the company earned a revenue of $2.32 billion and had a net profit of $347 million
Read More on IHG:
Disclaimer & DisclosureReport an Issue
- InterContinental downgraded to Hold from Add at Peel Hunt
- These Are the Stocks Reporting Earnings Today – February 17, 2026
- InterContinental Hotels: RevPAR Acceleration, Margin Expansion, and Buy-Rated EPS Growth Outpacing Medium-Term Targets
- CarMax names Keith Barr as CEO
- InterContinental added to European Conviction List at Goldman Sachs
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.