Several other research analysts also recently weighed in on IWG. Royal Bank of Canada restated a sector performer rating and set a GBX 220 ($2.93) price target on shares of IWG in a research report on Monday, May 14th. Credit Suisse Group increased their price target on shares of IWG from GBX 250 ($3.33) to GBX 260 ($3.46) and gave the company a neutral rating in a research note on Monday, March 12th. Berenberg Bank increased their price objective on shares of IWG from GBX 230 ($3.06) to GBX 240 ($3.20) and gave the stock a hold rating in a research report on Monday, March 12th. Finally, Numis Securities reissued a hold rating and issued a GBX 240 ($3.20) price target (up previously from GBX 220 ($2.93)) on shares of IWG in a research report on Thursday, March 8th. Six research analysts have rated the stock with a hold rating, The stock has a consensus rating of Hold and a consensus price target of GBX 248.33 ($3.31).
IWG stock opened at GBX 317.40 ($4.23) on Tuesday. IWG has a 1 year low of GBX 188.90 ($2.51) and a 1 year high of GBX 392 ($5.22).
IWG plc, together with its subsidiaries, provides office outsourcing services in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and the United Kingdom. The company offers virtual office services; 24/7 workspace recovery solutions; mobile and digital self-service solutions; co-working solutions; fully managed offices; networking and knowledge-sharing meetings; and meeting spaces and workshops.
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