J P Morgan Chase & Co Downgrades Iwg Plc (IWG) to Neutral

Iwg Plc (LON:IWG) was downgraded by research analysts at J P Morgan Chase & Co to a “neutral” rating in a research report issued on Monday. They presently have a GBX 230 ($3.04) price objective on the stock, down from their previous price objective of GBX 350 ($4.62). J P Morgan Chase & Co’s price objective suggests a potential upside of 6.78% from the stock’s previous close.

IWG has been the subject of a number of other reports. Peel Hunt reissued an “add” rating and issued a GBX 399 ($5.27) price target (down from GBX 420 ($5.54)) on shares of Iwg Plc in a research report on Tuesday, August 8th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 335 ($4.42) price target on shares of Iwg Plc in a research report on Wednesday, August 9th. Berenberg Bank cut shares of Iwg Plc to a “hold” rating and reduced their price target for the company from GBX 430 ($5.67) to GBX 230 ($3.04) in a research report on Monday, October 23rd. Finally, Credit Suisse Group cut shares of Iwg Plc to a “neutral” rating and reduced their price target for the company from GBX 435 ($5.74) to GBX 250 ($3.30) in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Iwg Plc presently has an average rating of “Hold” and an average price target of GBX 249 ($3.29).

Iwg Plc (IWG) opened at 215.40 on Monday. Iwg Plc has a 52-week low of GBX 201.30 and a 52-week high of GBX 392.00. The firm’s market capitalization is GBX 1.98 billion. The company has a 50 day moving average price of GBX 283.49 and a 200 day moving average price of GBX 314.58.

WARNING: “J P Morgan Chase & Co Downgrades Iwg Plc (IWG) to Neutral” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright legislation. The original version of this piece can be read at https://www.com-unik.info/2017/11/01/j-p-morgan-chase-co-downgrades-iwg-plc-iwg-to-neutral.html.

Iwg Plc Company Profile

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.

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