IHG Price Prediction Next Week
Technical Analysis: IHG's stock shows a strong upward trend with recent price consolidation. The stock closed at $124.25 on February 21, 2025, marking a -3.40% decline in regular trading hours .
Price Levels:
- Current Support: $123.95 (recent low)
- Resistance: $128.23 (recent high)
- Key level to watch: $126.50
News Impact: Recent news indicates positive sentiment for IHG:
- Strong Valentine's Day performance expected in hospitality sector
- IHG carries a Zacks Rank #2 (Buy), showing analyst optimism
- Year-to-date performance shows 9.1% gain, demonstrating positive momentum
Next Week Price Prediction: Based on technical indicators and news sentiment:
- Bullish Target: $129.50 (probability 60%)
- Bearish Target: $122.80 (probability 40%)
Trading Recommendation: BUY IHG with entry point at $124.00-$124.50
- Set stop loss at $122.50
- First target: $127.00
- Second target: $129.50
The positive industry outlook, strong technical setup, and analyst recommendations support a bullish stance for the coming week. The recent pullback provides an attractive entry point for short-term traders.
IHG Similar Chart Price Prediction
The price of IHG is predicted to go up 0.15%, based on the high correlation periods with HMC. The similarity of these two price pattern on the periods is 97.46%.
IHG
HMC
Up: 0.15%Similarity: 97.46%
IHG Revenue Forecast
IHG EPS Forecast
IHG FAQs
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IHG VS S&P500
InterContinental's current mid-single-digit share of hotel industry rooms is set to increase as the company controls more than 10% of the rooms in the global hotel industry under-construction pipeline.
InterContinental is well positioned to benefit from its increasing presence in the underpenetrated midscale segment through the Holiday Inn, Avid, and Garner brands.
InterContinental has a high exposure to recurring managed and franchised fees, which have high switching costs and generate strong ROICs.
IHG Analyst's Forecast
Leo Carrington
Citigroup
Strong Sell
2025-02-24
Price Target
n/a
Downside
0%
Citi resumed coverage of InterContinental with a Sell rating and 8,900 GBp price target. The firm sees the company's 2025 outlook as difficult given the early stage of the underlying net unit growth recovery, as well as the supply pressure facing U.S. upper midscale and upscale segments. The analyst does not expect IHG's net unit growth to materially accelerate near term.
Vicki Stern
Barclays
Hold → Buy
2024-11-15
Price Target
n/a
Downside
0%
