Iwg Plc (LON:IWG) has been assigned a consensus rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 231.67 ($3.25).
A number of research analysts have issued reports on IWG shares. Peel Hunt reissued an “under review” rating and issued a GBX 260 ($3.65) price target (up from GBX 240 ($3.37)) on shares of IWG in a report on Wednesday, December 27th. Credit Suisse Group reissued a “neutral” rating and issued a GBX 250 ($3.51) price target on shares of IWG in a report on Monday, February 5th. Numis Securities decreased their price target on IWG from GBX 335 ($4.70) to GBX 200 ($2.80) and set a “hold” rating for the company in a report on Friday, October 20th. JPMorgan Chase & Co. downgraded IWG to a “neutral” rating and decreased their price target for the company from GBX 350 ($4.91) to GBX 230 ($3.22) in a report on Monday, October 30th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 230 ($3.22) price target on shares of IWG in a report on Friday, January 5th.
IWG (LON IWG) opened at GBX 220.60 ($3.09) on Monday. IWG has a twelve month low of GBX 188.90 ($2.65) and a twelve month high of GBX 392 ($5.50). The stock has a market capitalization of $2,030.00 and a P/E ratio of 1,575.71.
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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