Several other equities research analysts have also recently commented on the company. Peel Hunt reissued an under review rating and issued a GBX 260 ($3.59) target price (up from GBX 240 ($3.32)) on shares of IWG in a research note on Wednesday, December 27th. Numis Securities reissued a hold rating and issued a GBX 220 ($3.04) target price on shares of IWG in a research note on Friday, February 2nd. Finally, Credit Suisse Group reissued a neutral rating and issued a GBX 250 ($3.45) target price on shares of IWG in a research note on Monday, February 5th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 243.33 ($3.36).
Shares of IWG (IWG) opened at GBX 244.10 ($3.37) on Monday. IWG has a twelve month low of GBX 188.90 ($2.61) and a twelve month high of GBX 392 ($5.42). The firm has a market capitalization of $2,270.00 and a price-to-earnings ratio of 2,034.17.
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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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