Credit Suisse Group Reiterates Outperform Rating for Iwg Plc (LON:IWG)

Iwg Plc (LON:IWG)‘s stock had its “outperform” rating restated by stock analysts at Credit Suisse Group in a research note issued on Friday, July 21st.

A number of other research firms also recently issued reports on IWG. Peel Hunt boosted their target price on shares of Iwg Plc from GBX 360 ($4.67) to GBX 420 ($5.45) and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Numis Securities Ltd restated a “hold” rating and set a GBX 300 ($3.89) target price on shares of Iwg Plc in a research report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 377 ($4.89).

Shares of Iwg Plc (IWG) traded down 1.05% on Friday, reaching GBX 300.30. The company’s stock had a trading volume of 1,924,249 shares. The company’s 50 day moving average price is GBX 319.09 and its 200 day moving average price is GBX 313.12. Iwg Plc has a 12-month low of GBX 223.50 and a 12-month high of GBX 392.00. The company’s market cap is GBX 2.75 billion.

COPYRIGHT VIOLATION WARNING: “Credit Suisse Group Reiterates Outperform Rating for Iwg Plc (LON:IWG)” was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at

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

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.

Analyst Recommendations for Iwg Plc (LON:IWG)

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.


Leave a Reply

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