IWG’s (IWG) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of IWG (LON:IWG) in a research note published on Wednesday, Marketbeat.com reports. Berenberg Bank currently has a GBX 270 ($3.66) price target on the stock.

IWG Stock Down 0.9%

Shares of LON:IWG opened at GBX 229.80 ($3.11) on Wednesday. The company has a quick ratio of 0.45, a current ratio of 0.41 and a debt-to-equity ratio of 12,629.31. IWG has a 52-week low of GBX 146 ($1.98) and a 52-week high of GBX 233.80 ($3.17). The company has a 50 day moving average of GBX 215.12 and a two-hundred day moving average of GBX 194. The company has a market capitalization of £2.31 billion, a price-to-earnings ratio of -17.09, a price-to-earnings-growth ratio of -5.59 and a beta of 2.10.

About IWG

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.