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Peel Hunt cuts IHG price target on weaker US travel data

By Michele Maatouk

Date: Wednesday 02 Jul 2025

(Sharecast News) - Peel Hunt slashed its price target on InterContinental Hotels on Wednesday to 9,500p from 10,670p, citing weaker US travel data.
The broker noted that IHG shares are down 17% year-to-date, while Marriott is down 2% and Hilton is up 8%.

"There is scope for IHG to catch...

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