Jefferies Rates InterContinental Hotels (IHG) buy

Jefferies reiterated its buy rating on IHG, setting a $195 price target, a 12.32% upside from the current price.

By EarningsIQ Research Desk · Published Jun 27, 2026, 3:03 AM EDT · Updated Jun 30, 2026, 3:11 PM EDT

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Jefferies rated InterContinental Hotels Group PLC ($IHG) "buy" with a $195 price target on June 26, 2026.

Since the rating, $IHG is down 3.7% after 1 week, down 7.7% after 1 month and down 2.5% to date (from the $172.15 close on Jun 26, 2026).

IHG InterContinental Hotels Group PLC

$167.77 +21.09% year to date

Daily close · Oct 16, 2026

Key Points

Jefferies reiterated its buy rating on InterContinental Hotels Group, setting a price target of $195 on June 26, 2026.
Jefferies's $195 price target implies 12.32% upside from InterContinental Hotels Group PLC's ($IHG) current $173.61 share price.
Shares of NYSE:IHG traded near $174.13 on Saturday, with a market cap of about $25.6 billion and a P/E ratio of 35.57.
FMR LLC reduced its holdings by 296,277 shares, while Jones Financial Companies LLLP increased its stake by 465,462 shares.

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Jefferies has reiterated its buy rating on InterContinental Hotels Group PLC (NYSE:IHG), setting a price target of $195. This rating update was made by analyst Jaina Mistry on June 26, 2026.

Analyst rating track record

Jefferies vs. the S&P 500

YTD return +42.39% hypothetical

All-time return +118.46% S&P 500 +25.08%

vs. S&P 500 +93.38% ahead of the index

Hypothetical returns from Jefferies's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in InterContinental Hotels Group

FMR LLC reduced its holdings in InterContinental Hotels Group by 296,277 shares, bringing its total to 6,037,396 shares valued at roughly $805.8 million, a 4.7% decrease. On the other hand, Jones Financial Companies LLLP significantly increased its stake by 465,462 shares, ending with 467,825 shares worth about $60.6 million, a massive percentage increase. Morgan Stanley added 49,864 shares, bringing its total to 813,913 shares valued at approximately $108.6 million, a 6.5% increase. Meanwhile, Natixis Advisors, LLC grew its holdings by 31,164 shares, ending with 496,911 shares valued at around $66.3 million, representing a 6.7% increase.

InterContinental Hotels Group PLC Stock Up 13.4%

Shares of NYSE:IHG traded near $174.13 on Saturday. InterContinental Hotels Group has a market cap of approximately $25.6 billion and a P/E ratio of 35.57, with a forward P/E of 25.41. The stock's beta is 1.045, indicating slightly higher volatility compared to the overall market. Over the past year, shares have ranged from a low of $113.32 to a high of $175.89. The 50-day moving average is $154.89, while the 200-day moving average is $138.25.

12-month forecast

$IHG price target

InterContinental Hotels Group PLC daily closes and this analyst's $195 target. Not advice.

Recent Earnings

In its latest earnings report, InterContinental Hotels Group posted revenue of about $5.19 billion, reflecting a growth rate of 2.7%. The company achieved a net margin of 14.61% and an EPS of $4.86. The next earnings release is scheduled for August 11, 2026.

Dividend

InterContinental Hotels Group pays an annual dividend rate of $1.85, yielding 1.07% with a payout ratio of 35.56%. The company maintains a steady dividend policy, providing consistent returns to its shareholders.

Analysts Set New Price Targets

On June 26, 2026, Jefferies maintained its buy rating on the stock with a price target of $195. Previously, on May 15, 2026, Bernstein maintained a hold rating with a $154 price target. Analyst consensus rates the stock as a hold with an average target price of $138.67, based on six analyst opinions.

About InterContinental Hotels Group

InterContinental Hotels Group PLC, based in Windsor, United Kingdom, operates a wide range of hotel brands worldwide, including InterContinental Hotels & Resorts, Holiday Inn, and Crowne Plaza, among others. The company, led by CEO Elie Wajih Maalouf, employs over 13,000 people. It owns, manages, and franchises hotels in various regions, offering hospitality services and a loyalty program known as IHG Rewards.

Bottom Line

Jefferies' reiteration of its buy rating on InterContinental Hotels Group with a $195 target highlights confidence in the company's prospects. Investors often track such analyst updates to gauge sentiment about a stock's future performance. It's important to remember that these ratings reflect analysts' opinions at a specific point in time.