IWG plc (LON:IWG - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as GBX 220 ($2.95) and last traded at GBX 218.40 ($2.93), with a volume of 1060136 shares. The stock had previously closed at GBX 217.80 ($2.92).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank raised their target price on IWG from GBX 255 ($3.42) to GBX 270 ($3.62) and gave the company a "buy" rating in a report on Tuesday, July 1st.
Get Our Latest Analysis on IWG
IWG Trading Up 1.9%
The business has a fifty day moving average price of GBX 201.99 and a 200 day moving average price of GBX 185.40. The company has a market capitalization of £2.26 billion, a price-to-earnings ratio of -16.73, 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 current ratio of 0.41 and a quick ratio of 0.45.
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.
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