Intergroup (NASDAQ:INTG) Stock Rating Upgraded by Wall Street Zen

by · The Cerbat Gem

Intergroup (NASDAQ:INTG – Get Free Report) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a research report issued on Friday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Intergroup in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

View Our Latest Analysis on INTG

Intergroup Trading Down 1.4%

Shares of NASDAQ:INTG opened at $30.58 on Friday. The stock has a 50 day moving average of $29.82 and a 200 day moving average of $19.02. The company has a market cap of $65.72 million, a PE ratio of -12.38 and a beta of 0.22. Intergroup has a 12-month low of $9.57 and a 12-month high of $42.50.

Intergroup (NASDAQ:INTG – Get Free Report) last released its earnings results on Wednesday, November 12th. The financial services provider reported ($0.25) EPS for the quarter. The business had revenue of $17.91 million for the quarter.

Hedge Funds Weigh In On Intergroup

A hedge fund recently raised its position in Intergroup stock. Qube Research & Technologies Ltd grew its position in shares of The Intergroup Corporation (NASDAQ:INTG – Free Report) by 11.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 24,795 shares of the financial services provider’s stock after acquiring an additional 2,636 shares during the quarter. Qube Research & Technologies Ltd owned about 1.15% of Intergroup worth $298,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.36% of the company’s stock.

About Intergroup

(Get Free Report)

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.

See Also