Regus PLC Receives Consensus Rating of “Buy” from Analysts (LON:RGU)
Shares of Regus PLC (LON:RGU) have received a consensus rating of “Buy” from the ten ratings firms that are presently covering the company, American Banking & Market News reports. Two research 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. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 225.11 ($3.76).
A number of analysts have recently weighed in on RGU shares. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Regus PLC in a research note on Tuesday, July 29th. They now have a GBX 220 ($3.68) price target on the stock. Finally, 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 ($4.18) price target on the stock.
Shares of Regus PLC (LON:RGU) opened at 178.10 on Thursday. Regus PLC has a 52-week low of GBX 168.80 and a 52-week high of GBX 235.20. The stock’s 50-day moving average is GBX 176.7 and its 200-day moving average is GBX 200.9. The company’s market cap is £1.684 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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