InterContinental Hotels Group PLC ADR
IHG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$97.00 | Pqr | Mdjnwdfsl |
InterContinental Earnings: International Strength Offsets Slower US Demand; Shares Fairly Valued
Wide-moat InterContinental Hotels Group’s first-quarter sales and development update broadly tracked toward our 2024 consolidated forecast. Thus, we don’t expect much change to our $96/GBX 7,550 fair value estimate, leaving the shares appropriately valued.