Iwg Plc (LON:IWG) has earned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 249 ($3.29).

Several equities research analysts have commented on IWG shares. Berenberg Bank lowered Iwg Plc to a “hold” rating and dropped their price target for the stock from GBX 430 ($5.67) to GBX 230 ($3.04) in a research note on Monday, October 23rd. Numis Securities Ltd lowered their target price on Iwg Plc from GBX 335 ($4.42) to GBX 200 ($2.64) and set a “hold” rating for the company in a research note on Friday, October 20th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 435 ($5.74) target price on shares of Iwg Plc in a research note on Wednesday, October 11th. J P Morgan Chase & Co lowered Iwg Plc to a “neutral” rating and lowered their target price for the company from GBX 350 ($4.62) to GBX 230 ($3.04) in a research note on Monday, October 30th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 399 ($5.27) target price (down previously from GBX 420 ($5.54)) on shares of Iwg Plc in a research note on Tuesday, August 8th.

ILLEGAL ACTIVITY WARNING: “Iwg Plc (IWG) Receives Consensus Recommendation of “Hold” from Analysts” was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was stolen and republished in violation of United States and international copyright & trademark legislation. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/11/04/iwg-plc-iwg-receives-consensus-recommendation-of-hold-from-analysts.html.

Iwg Plc (LON IWG) opened at GBX 221.90 ($2.93) on Friday.

The company also recently announced a dividend, which was paid on Friday, October 6th. Shareholders of record on Thursday, September 7th were issued a dividend of GBX 1.75 ($0.02) per share. This represents a yield of 0.59%. The ex-dividend date was Thursday, September 7th.

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.

Analyst Recommendations for Iwg Plc (LON:IWG)

Receive News & Ratings for Iwg Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iwg Plc and related companies with MarketBeat.com's FREE daily email newsletter.