InterContinental Hotels Group (IHG) Receives Daily Media Sentiment Rating of 0.42

News coverage about InterContinental Hotels Group (NYSE:IHG) has trended positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. InterContinental Hotels Group earned a daily sentiment score of 0.42 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.1258478797346 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of InterContinental Hotels Group (NYSE IHG) traded up $0.97 during midday trading on Friday, hitting $64.25. The stock had a trading volume of 197,376 shares, compared to its average volume of 220,249. InterContinental Hotels Group has a 1-year low of $48.56 and a 1-year high of $69.23. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of -2.22.

The business also recently disclosed a None dividend, which will be paid on Friday, May 11th. Investors of record on Tuesday, April 3rd will be paid a dividend of $0.695 per share. The ex-dividend date is Monday, April 2nd.

IHG has been the subject of a number of research analyst reports. ValuEngine upgraded InterContinental Hotels Group from a “hold” rating to a “buy” rating in a report on Friday, February 9th. Morgan Stanley upgraded InterContinental Hotels Group from an “underweight” rating to an “equal weight” rating in a report on Wednesday, November 29th. Zacks Investment Research upgraded InterContinental Hotels Group from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a report on Friday, February 23rd. Goldman Sachs Group upgraded InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a report on Friday, January 19th. Finally, SunTrust Banks boosted their price target on InterContinental Hotels Group to $66.00 and gave the company a “hold” rating in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. InterContinental Hotels Group currently has a consensus rating of “Hold” and an average target price of $67.13.

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About InterContinental Hotels Group

InterContinental Hotels Group PLC is a hotel company. The Company franchises its brands to, and manages hotels on behalf of, third-party hotel owners. Its segments include The Americas; Europe; Asia, Middle East and Africa (AMEA); Greater China, and Central. It operates a portfolio of hotel brands, including InterContinental, HUALUXE, Kimpton, Crowne Plaza, Hotel Indigo, EVEN Hotels, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Holiday Inn Resort, Holiday Inn Club Vacations and Candlewood Suites Hotels.

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