Regus PLC Receives “Outperform” Rating from Credit Suisse (RGU)
Regus PLC (LON:RGU)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse in a research report issued to clients and investors on Monday. They currently have a GBX 250 ($4.26) price target on the stock. Credit Suisse’s target price points to a potential upside of 38.89% from the stock’s previous close.
RGU has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd cut their price target on shares of Regus PLC from GBX 280 ($4.77) to GBX 265 ($4.51) in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Regus PLC from GBX 280 ($4.77) to GBX 265 ($4.51) in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Regus PLC in a research note on Wednesday, June 11th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. Regus PLC currently has an average rating of “Buy” and a consensus price target of GBX 225.11 ($3.83).
Regus PLC (LON:RGU) opened at 180.5271 on Monday. Regus PLC has a one year low of GBX 154.10 and a one year high of GBX 235.20. The stock has a 50-day moving average of GBX 193.6 and a 200-day moving average of GBX 209.3. The company’s market cap is £1.707 billion.
Regus plc 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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