InterContinental Hotels Group (IHG)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

7,904.00p
   
  • Change Today:
    -508.00p
  • 52 Week High: 10,880.00
  • 52 Week Low: 7,212.00
  • Currency: UK Pounds
  • Shares Issued: 157.17m
  • Volume: 472,002
  • Market Cap: £12,423m
  • RiskGrade: 171

Goldman upgrades InterContinental Hotels, downgrades Whitbread

By Michele Maatouk

Date: Wednesday 18 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Goldman Sachs upgraded InterContinental Hotels to 'buy' from 'neutral' on Wednesday and cut Premier Inn owner Whitbread to 'neutral' from 'buy' as it reshuffled its European-listed hotel ratings.
The bank said IHG's enhanced long-term earnings per share growth algorithm, improved enterprise platform and optionality on ancillary revenue streams merits a narrower valuation discount to key US peers.

"We think the stock's de-rating over the last six months creates an attractive entry-point into a high quality, asset-light hotel franchise platform offering more than 15% EPS CAGR (2023-28E) a 7% shareholder return per annum and one of the highest returns on invested capital in our leisure coverage (circa 46% in 2025E)," GS said.

"While we still see Whitbread as a business with the appropriate strategy to take advantage of structural opportunities and a strong management team, our profit before tax estimates are circa 2% below consensus in FY25/26 and soft UK industry revenue per available room trends could weigh on the short-term outlook."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Intercontintental Hotels Market Data

Currency UK Pounds
Share Price 7,904.00p
Change Today -508.00p
% Change -6.04 %
52 Week High 10,880.00
52 Week Low 7,212.00
Volume 472,002
Shares Issued 157.17m
Market Cap £12,423m
RiskGrade 171

Intercontintental Hotels Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.76% below the market average94.76% below the market average94.76% below the market average94.76% below the market average94.76% below the market average
95.74% below the sector average95.74% below the sector average95.74% below the sector average95.74% below the sector average95.74% below the sector average
Price Trend
45.13% above the market average45.13% above the market average45.13% above the market average45.13% above the market average45.13% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Income
88.92% below the market average88.92% below the market average88.92% below the market average88.92% below the market average88.92% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
60.72% above the market average60.72% above the market average60.72% above the market average60.72% above the market average60.72% above the market average
26.09% below the sector average26.09% below the sector average26.09% below the sector average26.09% below the sector average26.09% below the sector average

What The Brokers Say

Strong Buy 1
Buy 4
Neutral 6
Sell 4
Strong Sell 3
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Intercontintental Hotels Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Apr-25 29-Aug-24
Paid 15-May-25 03-Oct-24
Amount 114.40¢ 53.20¢

Trades for 03-Apr-2025

Time Volume / Share Price
16:35 344 @ 7,904.00p
16:35 1,076 @ 7,904.00p
16:35 616 @ 7,904.00p
16:35 99 @ 7,904.00p
16:35 1,626 @ 7,904.00p

Intercontintental Hotels Key Personnel

CEO Elie Maalouf
CFO Michael Glover

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