Barclays Sticks to Their Buy Rating for InterContinental Hotels (IHG)
In a report released today, Jaina Mistry from Barclays maintained a Buy rating on InterContinental Hotels, with a price target of $156.00.
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According to TipRanks, Mistry is a 4-star analyst with an average return of 11.0% and a 64.46% success rate.
In addition to Barclays, InterContinental Hotels also received a Buy from TipRanks – Google’s Google Consumer Cyclical GB in a report issued on February 18. However, on February 25, Morgan Stanley maintained a Hold rating on InterContinental Hotels (LSE: IHG).
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
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IHG in relation to earlier this year.
Read More on GB:IHG:
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- InterContinental Hotels Repurchases and Cancels 30,000 Shares
- InterContinental Hotels Group Cancels 30,000 Shares After Buyback
- InterContinental Hotels Group Advances Buyback With 30,000-Share Repurchase
- IHG Publishes 2025 Annual Report and Sets Date for 2026 AGM
- InterContinental price target raised to $145 from $135 at Morgan Stanley
