Iwg Plc (LON:IWG) has received a consensus rating of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 243.33 ($3.36).
IWG has been the topic of a number of research reports. Peel Hunt restated an “under review” rating and issued a GBX 260 ($3.59) target price (up from GBX 240 ($3.32)) on shares of IWG in a report on Wednesday, December 27th. Numis Securities restated a “hold” rating and issued a GBX 220 ($3.04) target price on shares of IWG in a report on Friday, February 2nd. Credit Suisse Group restated a “neutral” rating and issued a GBX 250 ($3.45) target price on shares of IWG in a report on Monday, February 5th. Finally, Berenberg Bank boosted their target price on shares of IWG from GBX 230 ($3.18) to GBX 240 ($3.32) and gave the stock a “hold” rating in a report on Monday.
Shares of IWG (LON IWG) traded down GBX 0.30 ($0.00) during midday trading on Friday, reaching GBX 238.10 ($3.29). 2,040,308 shares of the company’s stock were exchanged, compared to its average volume of 2,940,000. The company has a market cap of $2,160.00 and a P/E ratio of 1,984.17. IWG has a one year low of GBX 188.90 ($2.61) and a one year high of GBX 392 ($5.42).
IWG Plc is a Jersey-based workspace company. The Company operates under the Regus, Regus Express, Spaces, Signature, Kora and Open Office brands and provides a global network of places to work for all kinds of businesses from home-based workers to corporations. The Company focuses on both single location and integrated national networks and also provides sales and management services.
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