Regus PLC Rating Reiterated by Credit Suisse (RGU)
Regus PLC (LON:RGU)‘s stock had its “outperform” rating restated by Credit Suisse in a research note issued on Tuesday. They currently have a GBX 250 ($4.18) target price on the stock. Credit Suisse’s price objective indicates a potential upside of 32.70% from the company’s current price.
Shares of Regus PLC (LON:RGU) opened at 189.70 on Tuesday. Regus PLC has a 1-year low of GBX 168.80 and a 1-year high of GBX 235.20. The stock has a 50-day moving average of GBX 176.7 and a 200-day moving average of GBX 200.. The company’s market cap is £1.794 billion.
Several other analysts have also recently commented on the stock. 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 Numis Securities Ltd cut their price target on shares of Regus PLC from GBX 280 ($4.68) to GBX 265 ($4.43) 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 issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 225.11 ($3.76).
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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