Intercontinental Hotels Group


In-line 2023 results; another $800m buyback

20/02/24 -"IHG announced consensus-meeting FY23 results and a further $800m share buyback, despite the total DPS of 152 cents at the lower end of the consensus range. We have raised our target price, mainly to ..."

Pages
47
Language
English
Published on
20/02/24
You may also be interested by these reports :
25/07/24
Sodexo has announced the sale of Sofinsod, whose sole asset is a 19.6% stake in Bellon SA, to Bellon SA, the holding company of the Bellon family and ...

25/07/24
Accor reported a broadly in line H1 and FY24 outlook, despite a RevPAR target upgrade. Its mid-term guidance has been maintained. No major changes ...

23/07/24
Accor’s (Add; France) share price has closely tracked the sector index over the past two years, i.e. tracks IHG (Sell; UK) ever more closely. ...

23/07/24
Compass’s Q3 trading update was slightly above the consensus, with good performances seen in all regions. The FY guidance has been revised marginally ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO