Peel Hunt lowered shares of IWG (LON:IWG) to a hold rating in a research report released on Monday, Stock Target Advisor reports. Peel Hunt currently has GBX 160 ($2.10) price target on the stock, down from their prior price target of GBX 460 ($6.05).

Separately, Credit Suisse Group lifted their price target on shares of IWG from GBX 440 ($5.79) to GBX 515 ($6.77) and gave the company an outperform rating in a report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 354.17 ($4.66).

LON:IWG opened at GBX 163.80 ($2.15) on Monday. The company has a 50-day moving average of GBX 337.53 and a 200-day moving average of GBX 395.06. The company has a market capitalization of $1.41 billion and a price-to-earnings ratio of 3.30. IWG has a 52 week low of GBX 216.30 ($2.85) and a 52 week high of GBX 470.40 ($6.19). The company has a debt-to-equity ratio of 784.43, a quick ratio of 0.30 and a current ratio of 0.36.

The company also recently declared a dividend, which will be paid on Friday, May 22nd. Investors of record on Thursday, April 23rd will be issued a dividend of GBX 4.80 ($0.06) per share. This is an increase from IWG’s previous dividend of $2.15. This represents a yield of 1.34%. The ex-dividend date of this dividend is Thursday, April 23rd. IWG’s dividend payout ratio (DPR) is currently 0.14%.

In other news, insider Francois Pauly purchased 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average cost of GBX 115 ($1.51) per share, with a total value of £28,750 ($37,819.00). Also, insider Mark Dixon purchased 2,000,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were purchased at an average cost of GBX 151 ($1.99) per share, with a total value of £3,020,000 ($3,972,638.78).

IWG Company Profile

IWG plc, together with its subsidiaries, provides office outsourcing services in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and the United Kingdom. The company offers virtual office services; 24/7 workspace recovery solutions; mobile and digital self-service solutions; co-working solutions; fully managed offices; networking and knowledge-sharing meetings; and meeting spaces.

Recommended Story: Candlestick

Analyst Recommendations for IWG (LON:IWG)

Receive News & Ratings for IWG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IWG and related companies with's FREE daily email newsletter.