IWG (IWG) – Analysts’ Recent Ratings Updates

IWG (LON: IWG) recently received a number of ratings updates from brokerages and research firms:

  • 3/12/2018 – IWG had its price target raised by analysts at Credit Suisse Group AG from GBX 250 ($3.45) to GBX 260 ($3.59). They now have a “neutral” rating on the stock.
  • 3/12/2018 – IWG had its price target raised by analysts at Berenberg Bank from GBX 230 ($3.18) to GBX 240 ($3.32). They now have a “hold” rating on the stock.
  • 3/8/2018 – IWG had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 240 ($3.32) price target on the stock, up previously from GBX 220 ($3.04).
  • 3/6/2018 – IWG was upgraded by analysts at Peel Hunt to an “add” rating. They now have a GBX 270 ($3.73) price target on the stock, up previously from GBX 240 ($3.32).
  • 2/5/2018 – IWG had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a GBX 250 ($3.45) price target on the stock.
  • 2/2/2018 – IWG had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 220 ($3.04) price target on the stock.
  • 2/2/2018 – IWG was downgraded by analysts at Peel Hunt to a “hold” rating. They now have a GBX 240 ($3.32) price target on the stock, down previously from GBX 270 ($3.73).

Iwg Plc (LON:IWG) traded down GBX 4.50 ($0.06) during trading hours on Monday, reaching GBX 221.30 ($3.06). The company had a trading volume of 1,439,433 shares, compared to its average volume of 2,500,000. Iwg Plc has a one year low of GBX 188.90 ($2.61) and a one year high of GBX 392 ($5.42). The stock has a market cap of $2,180.00 and a price-to-earnings ratio of 1,844.17.

The business also recently declared a dividend, which will be paid on Friday, May 25th. Investors of record on Thursday, April 26th will be issued a dividend of GBX 3.95 ($0.05) per share. This represents a yield of 1.66%. The ex-dividend date is Thursday, April 26th. This is a positive change from IWG’s previous dividend of $1.75.

IWG plc, together with its subsidiaries, provides office outsourcing services in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and the United Kingdom. The company offers virtual office services; 24/7 workspace recovery solutions; mobile and digital self-service solutions; co-working solutions; fully managed offices; networking and knowledge-sharing meetings; and meeting spaces and workshops.

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