J P Morgan Chase & Co downgraded shares of Iwg Plc (LON:IWG) to a neutral rating in a report published on Monday, Marketbeat Ratings reports. J P Morgan Chase & Co currently has GBX 230 ($3.04) price target on the stock, down from their previous price target of GBX 350 ($4.62).
Several other equities analysts have also commented on IWG. Numis Securities Ltd reiterated a hold rating and set a GBX 335 ($4.42) price objective on shares of Iwg Plc in a research report on Wednesday, August 9th. Berenberg Bank reiterated a buy rating and set a GBX 430 ($5.67) price objective on shares of Iwg Plc in a research report on Wednesday, August 9th. Peel Hunt reiterated an add rating and set a GBX 399 ($5.27) price objective (down from GBX 420 ($5.54)) on shares of Iwg Plc in a research report on Tuesday, August 8th. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 435 ($5.74) price objective on shares of Iwg Plc in a research report on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 249 ($3.29).
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The company also recently disclosed a dividend, which was paid on Friday, October 6th. Stockholders of record on Thursday, September 7th were given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend was Thursday, September 7th. This represents a dividend yield of 0.59%.
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.
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