Iwg Plc (LON:IWG) has been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 377 ($4.96).
Several equities analysts recently commented on IWG shares. Berenberg Bank started coverage on shares of Iwg Plc in a research note on Thursday, July 27th. They issued a “buy” rating and a GBX 430 ($5.65) price target on the stock. Credit Suisse Group reiterated an “outperform” rating and set a GBX 435 ($5.72) price objective on shares of Iwg Plc in a research note on Wednesday. Peel Hunt reiterated an “add” rating and set a GBX 399 ($5.25) price objective (down from GBX 420 ($5.52)) on shares of Iwg Plc in a research note on Tuesday, August 8th. Finally, Numis Securities Ltd reiterated a “hold” rating and set a GBX 335 ($4.40) price objective on shares of Iwg Plc in a research note on Wednesday, August 9th.
The company also recently disclosed a dividend, which was paid on Friday, October 6th. Shareholders of record on Thursday, September 7th were paid a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend was Thursday, September 7th. This represents a yield of 0.59%.
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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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