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Tale of the Tape

Zacks Equity Research

Is This the Top for InterContinental Hotels Group PLC (IHG)?
December 26, 2013

IHG

Trades from $3
Although InterContinental Hotels Group PLC (IHG) is up over 7.7% in the past four weeks, investors may be concerned. After all, IHG is now in overbought territory, at least when looking at its RSI value of 74.2. If that wasn’t enough, investors should also note that InterContinental Hotels Group PLC possesses a Zacks Rank 4(Sell), so if analyst perception is any guide, we could witness a slump in IHG shares before too long.

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