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Berenberg Bank Keeps Their Buy Rating on IWG plc (IWG)

Tipranks - Sat Feb 7, 1:06AM CST

Berenberg Bank analyst maintained a Buy rating on IWG plc yesterday and set a price target of p350.00. The company’s shares closed yesterday at p230.20.

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Currently, the analyst consensus on IWG plc is a Moderate Buy with an average price target of p307.50.

Based on IWG plc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p1.35 billion and a net profit of p8.01 million. In comparison, last year the company earned a revenue of p1.45 billion and had a net profit of p12.66 million

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