November 24, 2016 - By Adrian Mccoy
In a research report issued to investors and clients on today, JP Morgan Cazenove reaffirmed their Neutral rating on Regus PLC (LON:RGU)‘s stock. The TP suggests a potential upside of 24.22% from company’s last stock price.
Out of 9 analysts covering Regus (LON:RGU), 6 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 67% are positive. GBX 3555 is the highest target while GBX 220 is the lowest. The GBX 756.88 average target is 236.99% above today’s (GBX 224.6) stock price. Regus has been the topic of 43 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by Credit Suisse with “Outperform” on Thursday, December 10. As per Tuesday, April 19, the company rating was maintained by Credit Suisse. The stock of Regus PLC (LON:RGU) earned “Outperform” rating by RBC Capital Markets on Tuesday, October 4. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, September 11. On Tuesday, October 13 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Sell” rating on Wednesday, March 2 by Citigroup. The stock has “Buy” rating given by Peel Hunt on Tuesday, March 1. The company was maintained on Tuesday, March 1 by Investec. The stock of Regus PLC (LON:RGU) has “Buy” rating given on Monday, August 15 by Canaccord Genuity. Canaccord Genuity maintained the stock with “Buy” rating in Friday, November 4 report.
About 242,752 shares traded hands. Regus PLC (LON:RGU) has declined 25.07% since April 26, 2016 and is downtrending. It has underperformed by 30.48% the S&P500.
Regus plc is a provider of global office outsourcing services. The company has a market cap of 2.08 billion GBP. The Company’s operating divisions include Americas; Europe, Middle East and Africa ; Asia Pacific, and the United Kingdom. It has a 17.69 P/E ratio. The Firm operates over 3,000 business centers in approximately 900 cities.
More recent Regus PLC (LON:RGU) news were published by: Businesswire.com which released: “REGUS PLC UK Regulatory Announcement: Total Voting Rights – Replacement” on November 01, 2016. Also Fool.Co.Uk published the news titled: “Will Sirius Minerals plc, Regus plc and Relx plc beat the FTSE 100 all over again?” on May 03, 2016. Businesswire.com‘s news article titled: “REGUS PLC UK Regulatory Announcement: Result of AGM” with publication date: May 17, 2016 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Adrian Mccoy