InterContinental Hotels (IHG) Receives a Sell from Kepler Capital
Kepler Capital analyst Julien Richer maintained a Sell rating on InterContinental Hotels on February 17 and set a price target of $128.00. The company’s shares closed yesterday at $146.10.
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According to TipRanks, Richer is a 3-star analyst with an average return of 1.6% and a 47.26% success rate. Richer covers the Consumer Cyclical sector, focusing on stocks such as Compass, SSP Group plc, and InterContinental Hotels.
InterContinental Hotels has an analyst consensus of Moderate Buy, with a price target consensus of $150.00.
Based on InterContinental Hotels’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.67 billion and a net profit of $291 million. In comparison, last year the company earned a revenue of $2.08 billion and had a net profit of $224.6 million
Read More on GB:IHG:
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- InterContinental Hotels: Asset-Light Resilience, Strong Cash Returns, and Upside from Undervalued Growth
- InterContinental Hotels Group Buys Back and Cancels 114,529 Shares
- InterContinental price target raised to $160 from $156 at BofA
- Balanced Risk-Reward Amid Strong Shareholder Returns but Mixed Core Performance at IHG
- InterContinental Hotels Group: Solid Execution and Capital Returns But Limited Near‑Term Upside Justify Hold Rating
