Today, Regus PLC (RGU) Receives “Neutral” Rating from JPMorgan Chase & Co.

Today, Regus PLC (RGU) Receives “Neutral” Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their neutral rating on shares of Regus PLC (LON:RGU) in a report released on Thursday morning. JPMorgan Chase & Co. currently has a GBX 280 ($3.50) target price on the stock.

Other equities research analysts have also recently issued research reports about the stock. Peel Hunt cut their price objective on shares of Regus PLC from GBX 420 ($5.25) to GBX 360 ($4.50) and set a buy rating for the company in a research note on Thursday, November 3rd. Investec raised shares of Regus PLC to a buy rating and set a GBX 295 ($3.69) price objective for the company in a research note on Thursday, August 25th. Canaccord Genuity cut their price objective on shares of Regus PLC from GBX 390 ($4.87) to GBX 355 ($4.44) and set a buy rating for the company in a research note on Monday, August 15th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 300 ($3.75) price objective on shares of Regus PLC in a research note on Friday, November 4th. Finally, Royal Bank Of Canada reaffirmed an outperform rating and issued a GBX 400 ($5.00) price objective on shares of Regus PLC in a research note on Tuesday, October 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of GBX 341.43 ($4.27).

Regus PLC (LON:RGU) opened at 227.90 on Thursday. The firm’s market capitalization is GBX 2.12 billion. Regus PLC has a one year low of GBX 200.00 and a one year high of GBX 356.50. The stock’s 50 day moving average is GBX 247.43 and its 200-day moving average is GBX 283.91.

In other Regus PLC news, insider Dixon,Mark sold 37,000,000 shares of the company’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of GBX 275 ($3.44), for a total value of £101,750,000 ($127,123,938.03). Also, insider Dominik de Daniel acquired 173,000 shares of the firm’s stock in a transaction on Friday, November 4th. The stock was bought at an average price of GBX 240 ($3.00) per share, with a total value of £415,200 ($518,740.63).

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