Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in Intercontinental Hotels Group (IHG) have rallied to the previous high set in April 2013. It’s taken nearly a year for the stock to rally back to the top, will the stock make a new high, and if it does, what is the potential target?
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