Report
Dan Wasiolek
EUR 100.00 For Business Accounts Only

New brands stand to enhance InterContinental's intangible asset advantage.

The main takeaways of InterContinental’s generally in line fourth-quarter results that included calendar year revenue up 4% (versus our 5% estimate), operating profit up 7% (6%), and unit growth up 4% (4%), were several new announced initiatives to drive intermediate-term growth. Key initiatives include a regional reorganization with a focus to enhance growth in its Middle-East/Asia/Africa (MEAA) segment, innovation, and new brands. We expect to lift our $54 fair value estimate (which forecasts ...
Underlying
InterContinental Hotels ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dan Wasiolek

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