Iwg Plc (LON:IWG) has been assigned an average rating of “Hold” from the six research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 362.50 ($4.89).
Several equities research analysts have weighed in on IWG shares. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 335 ($4.52) target price on shares of Iwg Plc in a research report on Wednesday, August 9th. Peel Hunt lowered Iwg Plc to a “hold” rating and dropped their target price for the stock from GBX 399 ($5.38) to GBX 335 ($4.52) in a research report on Wednesday, August 16th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 430 ($5.80) target price on shares of Iwg Plc in a research report on Wednesday, August 9th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of Iwg Plc in a research report on Friday, July 21st.
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Shares of Iwg Plc (LON:IWG) traded down 0.34% during trading on Friday, reaching GBX 291.50. 1,309,686 shares of the company’s stock traded hands. Iwg Plc has a 1-year low of GBX 223.50 and a 1-year high of GBX 392.00. The company’s market capitalization is GBX 2.68 billion. The company has a 50 day moving average of GBX 304.07 and a 200-day moving average of GBX 319.55.
The firm also recently declared a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, September 7th will be issued a dividend of GBX 1.75 ($0.02) per share. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, September 7th.
About Iwg Plc
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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