January 11, 2018 – By Ellis Scott
The stock of InterContinental Hotels Group PLC (NYSE:IHG) hit a new 52-week high and has $68.62 target or 7.00% above today’s $64.13 share price. The 5 months bullish chart indicates low risk for the $11.56B company. The 1-year high was reported on Jan, 11 by Barchart.com. If the $68.62 price target is reached, the company will be worth $809.20M more. The stock increased 0.75% or $0.48 during the last trading session, reaching $64.13. About 32,694 shares traded. InterContinental Hotels Group PLC (NYSE:IHG) has risen 43.31% since January 11, 2017 and is uptrending. It has outperformed by 26.61% the S&P500.
Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company has market cap of $393.22 million. The firm operates through six divisions: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It currently has negative earnings. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics and bedroom furnishings; and wear-to-work, sportswear, footwear, and social occasion apparel.
Among 13 analysts covering Intercontinental Hotels Group (NYSE:IHG), 3 have Buy rating, 4 Sell and 6 Hold. Therefore 23% are positive. Intercontinental Hotels Group has $62.38 highest and $35 lowest target. $50.35’s average target is -21.49% below currents $64.13 stock price. Intercontinental Hotels Group had 22 analyst reports since August 28, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Monday, March 7 by Citigroup. Berenberg downgraded the shares of IHG in report on Tuesday, December 8 to “Hold” rating. The firm earned “Hold” rating on Tuesday, October 17 by SunTrust. The company was downgraded on Wednesday, February 24 by Kepler Cheuvreux. The stock has “Overweight” rating by Barclays Capital on Tuesday, January 3. The stock of InterContinental Hotels Group PLC (NYSE:IHG) earned “Neutral” rating by Credit Suisse on Friday, August 28. The firm has “Market Perform” rating given on Thursday, February 23 by Telsey Advisory Group. The company was upgraded on Monday, December 12 by Morgan Stanley. As per Monday, September 19, the company rating was initiated by HSBC. The firm earned “Market Perform” rating on Monday, January 4 by Telsey Advisory Group.
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels. The company has market cap of $11.56 billion. It operates hotels, resorts, and restaurants under the InterContinental, Kimpton, Hotel Indigo, EVEN, HUALUXE, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Crowne Plaza, Holiday Inn Club Vacations, Holiday Inn Resort, and Candlewood Suites Hotels brand names. It has a 28.76 P/E ratio. The firm also manages IHG Rewards Club, a hotel loyalty program.
Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $2,174 activity.
Ratings analysis reveals 0 of Ascena Retail Group’s analysts are positive. Out of 4 Wall Street analysts rating Ascena Retail Group, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $7.0 while the high is $7.0. The stock’s average target of $7 is 240.63% above today’s ($2.055) share price. ASNA was included in 4 notes of analysts from September 20, 2016. The firm earned “Market Perform” rating on Tuesday, September 20 by Telsey Advisory. The stock of Ascena Retail Group, Inc. (NASDAQ:ASNA) has “Mkt Perform” rating given on Tuesday, September 20 by FBR Capital. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Tuesday, September 20. Goldman Sachs initiated Ascena Retail Group, Inc. (NASDAQ:ASNA) on Thursday, December 15 with “Neutral” rating.
Analysts await Ascena Retail Group, Inc. (NASDAQ:ASNA) to report earnings on March, 5. They expect $-0.09 earnings per share, down 28.57% or $0.02 from last year’s $-0.07 per share. After $0.11 actual earnings per share reported by Ascena Retail Group, Inc. for the previous quarter, Wall Street now forecasts -181.82% negative EPS growth.
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