Regus PLC’s “Sector Perform” Rating Reaffirmed at RBC Capital (RGU)
Regus PLC (LON:RGU)‘s stock had its “sector perform” rating reiterated by research analysts at RBC Capital in a report released on Tuesday. They currently have a GBX 220 ($3.74) price target on the stock. RBC Capital’s target price points to a potential upside of 22.36% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Regus PLC in a research note on Monday, June 30th. They now have a GBX 250 ($4.25) price target on the stock. Separately, analysts at Numis Securities Ltd cut their price target on shares of Regus PLC from GBX 280 ($4.75) to GBX 265 ($4.50) in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Regus PLC from GBX 280 ($4.75) to GBX 265 ($4.50) in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 225.11 ($3.82).
Regus PLC (LON:RGU) traded down 0.66% on Tuesday, hitting GBX 179.80. 789,816 shares of the company’s stock traded hands. Regus PLC has a 1-year low of GBX 169.60 and a 1-year high of GBX 235.20. The stock has a 50-day moving average of GBX 182.7 and a 200-day moving average of GBX 204.6. The company’s market cap is £1.700 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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