European stocks rise ahead of central bank meetings; AB Inbev impresses By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Source: Investing.com
European Market Performance: European equity indices rose as investors reacted to quarterly corporate earnings and anticipated central bank interest rate decisions, with notable gains in Germany's DAX, France's CAC 40, and the UK's FTSE 100.
Trade Deal Optimism: U.S. President Trump's announcement of a press conference regarding a trade deal with Britain has heightened hopes for easing tariffs, coinciding with upcoming negotiations between the U.S. and China, while several companies reported strong quarterly earnings amidst mixed economic signals.
Analyst Views on IHG
Wall Street analysts forecast IHG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for IHG is 135.00 USD with a low forecast of 135.00 USD and a high forecast of 135.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 139.220
Low
135.00
Averages
135.00
High
135.00
Current: 139.220
Low
135.00
Averages
135.00
High
135.00
About IHG
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).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
