Regus Rating Reiterated by Credit Suisse (RGU)
Regus (LON:RGU)‘s stock had its “outperform” rating restated by Credit Suisse in a research note issued on Friday, American Banking News reports. They currently have a GBX 225 ($3.77) price target on the stock. Credit Suisse’s target price suggests a potential downside of 3.68% from the company’s current price.
Regus (LON:RGU) traded up 1.39% on Friday, hitting GBX 233.60. 814,055 shares of the company’s stock traded hands. Regus has a 1-year low of GBX 128.50 and a 1-year high of GBX 234.80. The stock has a 50-day moving average of GBX 216.1 and a 200-day moving average of GBX 199.0. The company’s market cap is £2.203 billion.
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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