IWG plc (LON:IWG - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 240.80 ($3.21) and last traded at GBX 240.20 ($3.20), with a volume of 4993792 shares changing hands. The stock had previously closed at GBX 237.20 ($3.16).
Wall Street Analyst Weigh In
IWG has been the topic of a number of research analyst reports. Royal Bank Of Canada raised their price target on IWG from GBX 215 to GBX 260 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Berenberg Bank reissued a "buy" rating and set a GBX 270 target price on shares of IWG in a research note on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, IWG currently has an average rating of "Buy" and a consensus price target of GBX 265.
Read Our Latest Research Report on IWG
IWG Price Performance
The stock has a market cap of £2.41 billion, a price-to-earnings ratio of 109.64, a P/E/G ratio of -5.59 and a beta of 2.10. The company has a 50 day simple moving average of GBX 212.92 and a 200-day simple moving average of GBX 203.80. The company has a current ratio of 0.41, a quick ratio of 0.45 and a debt-to-equity ratio of 12,629.31.
IWG Company Profile
(
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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.
Further Reading
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