Regus Stock Rating Reaffirmed by Panmure Gordon (RGU)
Regus (LON:RGU)‘s stock had its “buy” rating restated by research analysts at Panmure Gordon in a report released on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 250 ($3.91) price target on the stock. Panmure Gordon’s target price would indicate a potential upside of 35.87% from the stock’s previous close.
Regus (LON:RGU) opened at 187.40 on Tuesday. Regus has a 52-week low of GBX 93.05 and a 52-week high of GBX 195.50. The stock has a 50-day moving average of GBX 184.7 and a 200-day moving average of GBX 167.. The company’s market cap is £1.767 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Regus (LON:RGU) in a research note to investors on Thursday, August 29th. They now have a GBX 230 ($3.60) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Regus (LON:RGU) in a research note to investors on Wednesday, August 28th. They now have a GBX 260 ($4.07) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Regus (LON:RGU) in a research note to investors on Wednesday, August 28th. They now have a GBX 165 ($2.58) price target on the stock, up previously from GBX 140 ($2.19).
Two analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company’s stock. Regus currently has a consensus rating of “Buy” and a consensus price target of GBX 192.58 ($3.01).
Regus Plc SA is a Luxembourg-based provider of global office outsourcing services. Its primary activity and business segment is the provision of global workplace solutions.
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