Credit Suisse reiterated their outperform rating on shares of Regus PLC (LON:RGU) in a research report released on Thursday, AnalystRatings.NET reports. They currently have a GBX 400 ($5.70) price objective on the stock.

Other analysts have also issued reports about the company. Peel Hunt reaffirmed a buy rating and issued a GBX 340 ($4.84) price objective on shares of Regus PLC in a research note on Tuesday, November 3rd. Investec reiterated a buy rating and issued a GBX 370 ($5.27) target price (up from GBX 295 ($4.20)) on shares of Regus PLC in a research report on Tuesday, November 3rd. Canaccord Genuity increased their target price on Regus PLC from GBX 307 ($4.37) to GBX 365 ($5.20) and gave the company a buy rating in a research report on Tuesday, November 3rd. Stifel Nicolaus reiterated a buy rating and issued a GBX 390 ($5.56) target price on shares of Regus PLC in a research report on Monday, September 28th. Finally, JPMorgan Chase & Co. increased their target price on Regus PLC from GBX 270 ($3.85) to GBX 320 ($4.56) and gave the company a neutral rating in a research report on Wednesday, November 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Regus PLC currently has a consensus rating of Buy and an average price target of GBX 327.78 ($4.67).

Shares of Regus PLC (LON:RGU) traded down 0.0341% during trading on Thursday, hitting GBX 293.5000. The company had a trading volume of 902,648 shares. The stock has a 50-day moving average of GBX 316.25 and a 200 day moving average of GBX 307.95. Regus PLC has a 12-month low of GBX 198.30 and a 12-month high of GBX 356.50. The stock’s market capitalization is GBX 2.75 billion.

Regus plc is engaged in providing global office outsourcing services. 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. The Company operates through four segments: Americas, Europe, Middle East and Africa (LON:RGU), Asia Pacific, and the United Kingdom. The Company’s locations provide a range of products and services that cater to the needs of its customers. These include private offices, meeting rooms, co-working, training rooms, virtual offices and administration support. In addition, the Company also offers Business Lounges, Workplace RecoveryVideo Conferencing, Businessworld and other Support Services.

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