InterContinental Hotels Group PLC (IHG) Stock AnalysisIHGInterContinental Hotels Group PLC

InterContinental Hotels Group PLC is a United Kingdom-based global hospitality company. The Company has a diverse portfolio of differentiated brands. With 20 hotel brands and IHG One Rewards, which is a hotel loyalty program, the Company has approximately 6,600 open hotels in more than 100 countries, and a development pipeline of over 2,200 properties. The Company’s brands include Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels, Holiday Inn Express, Holiday Inn Hotels & Resorts, Garner hotels, avid hotels, Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites, Iberostar Beachfront Resorts, and Ruby. Ruby brand operates approximately 20 hotels (3,483 rooms) in cities across Europe and has another 10 pipeline hotels (2,235 rooms). It operates in the Consumer Cyclicals sector.

InterContinental Hotels Group (IHG) is a good buy right now due to its strong upward momentum and favorable analyst ratings. The current price is $167.77, with a recent 5-day change of +4.41% and a year-to-date change of +19.54%. The RSI is at 81.93, indicating strong momentum, while UBS's price target upgrade suggests a potential upside of 12.06% to $188. The main risk is the forward P/E of 22.27, which indicates that the stock may be overvalued if earnings growth does not meet expectations.

4 analysts cover IHG: 1 rate it Buy, 3 Hold and 0 Sell. The average price target is 135.00.