Credit Suisse Downgrades Intercontinental Hotels Group American Depositary Shares (Each representing one Ordinary Share) (IHG); Fortune Brands Home & Security (FBHS) Sentiment Is 0.83

June 19, 2017 - By Maria Brooks

Among 12 analysts covering Intercontinental Hotels Group (NYSE:IHG), 1 have Buy rating, 4 Sell and 7 Hold. Therefore 8% are positive. Intercontinental Hotels Group has $44 highest and $35 lowest target. $43.33’s average target is -23.57% below currents $56.69 stock price. Intercontinental Hotels Group had 18 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was upgraded by Morgan Stanley on Monday, December 12 to “Equal-Weight”. The firm has “Underweight” rating by JP Morgan given on Thursday, April 14. Telsey Advisory Group initiated InterContinental Hotels Group PLC (ADR) (NYSE:IHG) rating on Monday, January 4. Telsey Advisory Group has “Market Perform” rating and $36 target. The company was maintained on Wednesday, February 24 by Telsey Advisory Group. The firm earned “Reduce” rating on Monday, September 19 by HSBC. The firm earned “Neutral” rating on Tuesday, January 12 by Citigroup. Citigroup downgraded the stock to “Sell” rating in Monday, March 7 report. The stock of InterContinental Hotels Group PLC (ADR) (NYSE:IHG) has “Underweight” rating given on Monday, September 26 by Morgan Stanley. The firm earned “Neutral” rating on Monday, December 5 by M Partners. As per Wednesday, February 24, the company rating was downgraded by Kepler Cheuvreux.

Fortune Brands Home & Security, Inc

Ratings analysis reveals 56% of Fortune Brands Home & Security’s analysts are positive. Out of 9 Wall Street analysts rating Fortune Brands Home & Security, 5 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $59.0 while the high is $70.0. The stock’s average target of $65 is 0.99% above today’s ($64.36) share price. FBHS was included in 9 notes of analysts from September 1, 2016. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Equal Weight” rating given on Friday, January 6 by Barclays Capital. As per Tuesday, October 18, the company rating was downgraded by KeyBanc Capital Markets. The rating was initiated by Citigroup on Thursday, September 1 with “Neutral”. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Outperform” rating given on Thursday, September 29 by Wells Fargo. On Monday, October 31 the stock rating was upgraded by JP Morgan to “Overweight”. The rating was upgraded by Longbow to “Buy” on Thursday, April 6. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) earned “Neutral” rating by Goldman Sachs on Monday, December 12. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Buy” rating given on Friday, September 23 by Bank of America. As per Thursday, October 27, the company rating was maintained by RBC Capital Markets.

Crystal Rock Capital Management holds 6.14% of its portfolio in Fortune Brands Home & Security Inc for 174,760 shares. Banbury Partners Llc owns 359,814 shares or 5.94% of their US portfolio. Moreover, Shearlink Capital Llc has 3.6% invested in the company for 200,311 shares. The Illinois-based Premier Asset Managment Llc has invested 3.31% in the stock. Valicenti Advisory Services Inc, a New York-based fund reported 85,985 shares.

The stock decreased 0.68% or $0.44 on June 16, reaching $64.36. About shares traded. Fortune Brands Home & Security Inc (FBHS) has risen 11.70% since June 19, 2016 and is uptrending. It has underperformed by 5.00% the S&P500.

Analysts await Fortune Brands Home & Security Inc (NYSE:FBHS) to report earnings on July, 26. They expect $0.87 EPS, up 6.10% or $0.05 from last year’s $0.82 per share. FBHS’s profit will be $132.88M for 18.49 P/E if the $0.87 EPS becomes a reality. After $0.53 actual EPS reported by Fortune Brands Home & Security Inc for the previous quarter, Wall Street now forecasts 64.15% EPS growth.

Since January 1, 0001, it had 0 insider buys, and 6 sales for $15.84 million activity.

InterContinental Hotels Group PLC is a hotel company. The company has market cap of $11.05 billion. The Firm franchises its brands to, and manages hotels on behalf of, third-party hotel owners. It has a 27.85 P/E ratio. The Company’s divisions include The Americas; Europe; Asia, Middle East and Africa ; Greater China, and Central.

The stock increased 2.87% or $1.58 during the last trading session, reaching $56.69. About 7,800 shares traded. InterContinental Hotels Group PLC (ADR) (NYSE:IHG) has risen 43.31% since June 19, 2016 and is uptrending. It has outperformed by 26.61% the S&P500.

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