Iwg Plc to Issue Dividend of GBX 1.75 (LON:IWG)

Iwg Plc (LON:IWG) announced a dividend on Tuesday, August 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 7th will be paid a dividend of GBX 1.75 ($0.02) per share on Friday, October 6th. This represents a yield of 0.59%. The ex-dividend date is Thursday, September 7th. The official announcement can be accessed at this link.

Shares of Iwg Plc (IWG) traded down 1.05% during midday trading on Friday, reaching GBX 300.30. The company had a trading volume of 1,924,249 shares. Iwg Plc has a 1-year low of GBX 223.50 and a 1-year high of GBX 392.00. The stock’s market capitalization is GBX 2.75 billion. The company’s 50-day moving average is GBX 319.09 and its 200-day moving average is GBX 313.12.

In other Iwg Plc news, insider Mark Dixon sold 27,300,000 shares of the stock in a transaction dated Monday, June 19th. The stock was sold at an average price of GBX 345 ($4.48), for a total value of £94,185,000 ($122,270,543.94).

A number of research analysts have recently issued reports on the company. Peel Hunt reaffirmed an “add” rating and set a GBX 399 ($5.18) price target (down from GBX 420 ($5.45)) on shares of Iwg Plc in a report on Tuesday, August 8th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 335 ($4.35) target price on shares of Iwg Plc in a report on Wednesday, August 9th. Credit Suisse Group increased their target price on Iwg Plc from GBX 320 ($4.15) to GBX 435 ($5.65) and gave the company an “outperform” rating in a report on Tuesday, June 13th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 430 ($5.58) target price on shares of Iwg Plc in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 377 ($4.89).

COPYRIGHT VIOLATION WARNING: This report was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://www.com-unik.info/2017/08/19/iwg-plc-to-issue-dividend-of-gbx-1-75-loniwg-updated.html.

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.

What are top analysts saying about Iwg Plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Iwg Plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit