Regus (LON:RGU) Rating Reaffirmed
They currently have a GBX 400.00 TP on Regus (LON:RGU). The target price by Credit Suisse would suggest a potential upside of 17.72% from the company’s previous stock close. This has been shown in an analyst research report on 10 December.
From a total of 9 analysts covering Regus (LON:RGU) stock, 6 rate it a ”Buy”, 1 a “Sell”, and 2 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 390 while the lowest target price is GBX 165. The mean of all analyst targets is GBX 317.78 with a 2.36% above today’s (GBX 340.1) stock price. Regus was the topic of 21 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on December 10 with “Outperform” rating. RBC Capital Markets maintained shares with “Sector Perform” rating and GBX 300 target share price in a report from an October 7. JP Morgan maintained RGU stock in a recent report from November 4 with “Neutral” rating. Stifel Nicolaus maintained the rating on September 28. Stifel Nicolaus has a “Buy” rating and a GBX 390 price target on shares. Finally, Investec maintained the stock with “Buy” rating in a report issued on a November 3.
Approximately 465,673 shares of stock traded hands. Regus PLC (LON:RGU) has risen 38.17% since May 13, 2015 and is uptrending. It has outperformed by 40.10% the S&P500.
Regus plc is engaged in providing global office outsourcing services. The company has a market cap of 3.22 billion GBP. The Company’s network of over 2,200 locations across some 100 countries provides serviced spaces for people to work, for any period of time. It has 29.54 P/E ratio. The Firm operates through four divisions: Americas, Europe, Middle East and Africa , Asia Pacific, and the United Kingdom.