InterContinental Hotels Group (NYSE:IHG) downgraded two notches to Sell from Buy at Societe Generale. The stock closed yesterday at $15.35 on volume of 119,791 shares, below average daily volume of 165,392.
Intercontinental Hotels Group is currently above its 50-day moving average of $14.54 and above its 200-day moving average of $13.01.
SmarTrend is bullish on shares of IHG and our subscribers received an Uptrend alert on March 17, 2010 at $15.30, which has returned 0.3% to date.
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Ticker(s): IHG