In a report released today, James Zaremba from Barclays maintained a Hold rating on IWG plc (IWG – Research Report), with a price target of £1.61. The company’s shares opened today at p172.80.
According to TipRanks, Zaremba is a 4-star analyst with an average return of 8.9% and a 52.20% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IWG plc with a p198.00 average price target.
The company has a one-year high of p211.00 and a one-year low of p122.50. Currently, IWG plc has an average volume of 1.44M.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is neutral on the stock.
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IWG plc (IWG) Company Description:
IWG owns a network of business centers that are leased to a variety of business customers and offer flexible workspace options. It owns and operates brands like Regus, Spaces, Signature, HQ, and No 18. The company operates in four principal geographical segments: the Americas; Europe, Middle East, and Africa; Asia-Pacific; and the United Kingdom. The Americas segment generates the largest proportion of revenue.