Regus PLC Receives Buy Rating from Investec (RGU)
Regus PLC (LON:RGU)‘s stock had its “buy” rating reiterated by stock analysts at Investec in a report issued on Tuesday. They currently have a GBX 250 ($4.14) price objective on the stock. Investec’s price objective suggests a potential upside of 27.23% from the stock’s previous close.
RGU has been the subject of a number of other recent research reports. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Regus PLC in a research note on Wednesday, August 20th. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Regus PLC in a research note on Tuesday, August 19th. They now have a GBX 250 ($4.14) price target on the stock. Finally, 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 ($3.64) price target on the stock. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 225.11 ($3.73).
Regus PLC (LON:RGU) opened at 182.50 on Tuesday. Regus PLC has a 52 week low of GBX 168.80 and a 52 week high of GBX 235.20. The stock has a 50-day moving average of GBX 178.2 and a 200-day moving average of GBX 200.1. The company’s market cap is £1.726 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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