By Iain Gilbert
Date: Wednesday 13 Mar 2024
(Sharecast News) - Analysts at Jefferies lowered their rating on hospitality giant Intercontinental Hotels from 'buy' to 'hold' on Wednesday but raised their target price on the stock from 6,400.0p to 8,400.0p.
Jefferies said IHG was "a long-term compounder", with a growth algorithm that rivals Marriott's. However, it noted consensus appears...
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