Numis Securities reiterated their hold rating on shares of IWG (LON:IWG) in a research report sent to investors on Thursday morning. They currently have a GBX 240 ($3.32) target price on the stock, up from their previous target price of GBX 220 ($3.04).
A number of other analysts have also recently weighed in on the company. Peel Hunt raised IWG to an add rating and boosted their price target for the stock from GBX 240 ($3.32) to GBX 270 ($3.73) in a research report on Tuesday, March 6th. Credit Suisse Group restated a neutral rating and issued a GBX 250 ($3.45) target price on shares of IWG in a report on Monday, February 5th. Finally, Berenberg Bank restated a hold rating and issued a GBX 230 ($3.18) target price on shares of IWG in a report on Friday, January 5th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. IWG has a consensus rating of Hold and a consensus target price of GBX 240 ($3.32).
IWG (IWG) opened at GBX 246.10 ($3.40) on Thursday. IWG has a 52 week low of GBX 188.90 ($2.61) and a 52 week high of GBX 392 ($5.42). The company has a market capitalization of $2,210.00 and a PE ratio of 2,050.83.
IWG 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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