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Prices & Quotes - UK Markets - IWG (IWG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 313.60p
Change Today:
-5.20p
Market Cap:
3,159.11m

RBC Capital downgrades IWG on valuation

By Michele Maatouk

Date: Thursday 04 Jun 2020

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets downgraded its stance on stock of office space provider IWG on Thursday to 'sector perform' from 'outperform' following recent share price strength.
The bank said it still likes the long-term potential and sees IWG as becoming an even more dominant market leader.

"However, the shares have bounced strongly, the catalysts of further franchising deals are unlikely in the short-term and we see risk reward now more balanced with the valuation circa 20% above our mid-cycle valuation of the existing estate at maturity."

RBC lifted its price target to 325p from 275p.

At 1320 BST, the shares were down 3.1% at 293.80p.

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IWG Market Data

Currency UK Pounds
Price 313.60p
Change Today -5.20p
52 Week High 383.60p
52 Week Low 222.60p
Volume 1,222,596
Shares Issued 1,007.37m
Market Cap 3,159.11m

Performance Indicators

Compare performance with the sector and the market.

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Vs Market
Vs Sector
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Price Chg 6m
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P/E
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PEG
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Dividend Yield
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EPS Growth
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Operating Margin
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What The Brokers Say

Strong Buy 5
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IWG Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 25-Apr-19
Paid 04-Oct-19 24-May-19
Amount 2.15p 4.35p

Trades for 30-Jul-2021

Time Volume / Share Price
16:35 609,857 @ 313.60p
16:29 323 @ 315.50p
16:29 182 @ 315.50p
16:29 129 @ 315.50p
16:29 425 @ 315.50p

IWG Key Personnel

Chair Douglas Sutherland
CEO Mark Dixon
CFO Glyn Hughes