Iwg Plc (LON:IWG) was upgraded by research analysts at JPMorgan Chase & Co. to an “overweight” rating in a report released on Tuesday. The firm currently has a GBX 350 ($4.41) price objective on the stock, up from their prior price objective of GBX 280 ($3.52). JPMorgan Chase & Co.’s target price points to a potential upside of 10.44% from the stock’s current price.

Separately, Citigroup Inc reiterated a “sell” rating on shares of Iwg Plc in a research note on Tuesday, March 14th.

Shares of Iwg Plc (LON:IWG) opened at 316.90 on Tuesday. The stock has a 50 day moving average price of GBX 305.94 and a 200-day moving average price of GBX 263.25. Iwg Plc has a 12 month low of GBX 223.50 and a 12 month high of GBX 322.60. The company’s market capitalization is GBX 2.92 billion.

The company also recently disclosed a dividend, which will be paid on Friday, May 26th. Shareholders of record on Thursday, April 27th will be given a dividend of GBX 3.55 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 27th. This represents a yield of 1.2%.

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Iwg Plc Company Profile

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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