IWG’s (IWG) Hold Rating Reiterated at Peel Hunt

Peel Hunt reissued their hold rating on shares of IWG (LON:IWG) in a report released on Tuesday morning, Marketbeat Ratings reports. Peel Hunt currently has a GBX 199 target price on the stock.

IWG has been the subject of a number of other reports. Royal Bank Of Canada upped their price objective on IWG from GBX 215 to GBX 260 and gave the stock an “outperform” rating in a report on Friday, August 29th. Berenberg Bank reiterated a “buy” rating and set a GBX 270 price target on shares of IWG in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, IWG presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 243.

IWG Stock Down 1.5%

Shares of LON:IWG opened at GBX 217.80 on Tuesday. The firm has a market capitalization of £2.18 billion, a PE ratio of 99.00, a price-to-earnings-growth ratio of -5.59 and a beta of 2.10. The company has a debt-to-equity ratio of 12,629.31, a quick ratio of 0.45 and a current ratio of 0.41. IWG has a 52-week low of GBX 146 and a 52-week high of GBX 243.40. The firm has a fifty day moving average of GBX 217.56 and a 200 day moving average of GBX 208.53.

IWG Company Profile

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.