Citigroup Reiterates Sell for IHG; Revenue to Dip

Citigroup Reiterates Sell for IHG; Revenue to Dip

Crude Oil Inches Higher After Trump Changes Tone On China
Publisher:Sajad Hayati

At a Glance

  • Citigroup reiterated a ‘Sell’ recommendation for InterContinental Hotels Group PLC – Depositary Receipt (NYSE:IHG) on October 24, 2025.
  • The average one-year price target stands at $123.84, suggesting a potential downside of 0.44% from the latest closing price.
  • Projected annual revenue shows a significant decrease of 45.74%, with non-GAAP EPS forecast at $4.35.
  • Fund sentiment indicates an increase in institutional positions and average portfolio weight allocated to IHG.

Citigroup Maintains Sell Recommendation for IHG

On October 24, 2025, Fintel reported that Citigroup reaffirmed its existing ‘Sell’ recommendation for InterContinental Hotels Group PLC – Depositary Receipt (NYSE:IHG).

Analyst Price Forecast and Potential Downside

The average one-year price target set by analysts for InterContinental Hotels Group PLC – Depositary Receipt is $123.84 per share. This forecast reflects a range between a low of $106.40 and a high of $151.74. The average target indicates a marginal potential downside of 0.44% when compared to the stock’s latest reported closing price of $124.39 per share.

Financial Projections for IHG

Looking ahead, the projected annual revenue for InterContinental Hotels Group PLC – Depositary Receipt anticipates a substantial decrease of 45.74%, totaling $2,778 million. The projected non-GAAP Earnings Per Share (EPS) is estimated at $4.35.

Fund Sentiment Analysis

💡 Fund sentiment analysis reveals that 281 funds or institutions currently hold positions in InterContinental Hotels Group PLC – Depositary Receipt. This represents an increase of 12 owners, or 4.46%, over the last quarter.

📊 The average portfolio weight dedicated to IHG by all reporting funds has increased by 9.35%, now standing at 0.14%. Furthermore, the total number of shares owned by institutions has grown by 4.34% in the past three months, reaching 14,721,000 shares.

Key Institutional Shareholder Activity

📍 Fidelity Series International Growth Fund (FIGSX) reported holding 2,616,000 shares, a slight decrease of 0.12% from their previous filing. However, the firm increased its portfolio allocation to IHG by 0.24% last quarter.

📍 Fidelity International Growth Fund (FIGFX) currently holds 1,199,000 shares. This signifies a decrease of 1.00% from their prior filing. Nevertheless, the fund augmented its IHG portfolio allocation by 4.68% in the last quarter.

📍 Goldman Sachs Group reported an increase in its holdings to 718,000 shares, up 6.88% from its previous filing. Despite this increase in share count, the firm significantly decreased its portfolio allocation to IHG by 76.15% over the last quarter.

📍 Bank Of America’s holdings decreased by 9.74% to 498,000 shares compared to its prior filing of 546,000 shares. The firm also reduced its portfolio allocation in IHG by a substantial 78.39% during the same period.

📍 Royal Bank Of Canada holds 468,000 shares, representing a decrease of 2.02% from its previous filing. The firm’s portfolio allocation to IHG saw a considerable reduction of 88.19% in the last quarter.

Expert Summary

Citigroup has reiterated its ‘Sell’ rating for InterContinental Hotels Group PLC – Depositary Receipt (IHG), citing a price target that suggests a minor downside. While institutional holdings and allocation have seen mixed movements, the overall financial projections indicate a significant revenue decline.

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