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UBS Reaffirms Their Hold Rating on InterContinental Hotels (IHG)

Tipranks - Tipranks - Tue Feb 3, 3:28AM CST

UBS analyst Jarrod Castle maintained a Hold rating on InterContinental Hotels today and set a price target of $141.35.

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According to TipRanks, Castle is a 4-star analyst with an average return of 3.7% and a 55.62% success rate. Castle covers the Industrials sector, focusing on stocks such as EasyJet, Ryanair Holdings, and Deutsche Lufthansa.

InterContinental Hotels has an analyst consensus of Moderate Buy, with a price target consensus of $152.89.

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Based on InterContinental Hotels’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.83 billion and a net profit of $341.64 million. In comparison, last year the company earned a revenue of $1.84 billion and had a net profit of $274.46 million

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