Iwg Plc’s (IWG) “Hold” Rating Reiterated at Numis Securities Ltd
Iwg Plc (LON:IWG)‘s stock had its “hold” rating reissued by equities research analysts at Numis Securities Ltd in a report released on Thursday. They presently have a GBX 200 ($2.64) price objective on the stock.
A number of other equities analysts have also recently issued reports on the stock. Berenberg Bank cut shares of Iwg Plc to a “hold” rating and lowered their price objective for the stock from GBX 430 ($5.67) to GBX 230 ($3.04) in a research report on Monday, October 23rd. Credit Suisse Group reiterated an “outperform” rating and set a GBX 435 ($5.74) price objective on shares of Iwg Plc in a research report on Wednesday, October 11th. J P Morgan Chase & Co cut shares of Iwg Plc to a “neutral” rating and lowered their price objective for the stock from GBX 350 ($4.62) to GBX 230 ($3.04) in a research report on Monday. Finally, Peel Hunt reiterated an “add” rating and set a GBX 399 ($5.27) price objective (down from GBX 420 ($5.54)) on shares of Iwg Plc in a research report on Tuesday, August 8th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 249 ($3.29).
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Iwg Plc Company Profile
IWG Plc is a Jersey-based workspace company. The Company operates under the Regus, Regus Express, Spaces, Signature, Kora and Open Office brands and provides a global network of places to work for all kinds of businesses from home-based workers to corporations. The Company focuses on both single location and integrated national networks and also provides sales and management services.
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