New challenge for International Workplace Group
Its shares still nowhere near their pre-Covid levels, independent analyst Alistair Strang revisits the charts to assess potential at this former mid-cap star.
22nd April 2026 07:46
by Alistair Strang from Trends and Targets
It’s a little fascinating how International Workplace Group (LSE:IWG) continues to reframe its position, facilitating to a market which must feel like herding cats. When the shambles of the Covid era hit, they were certainly placed to ensure businesses kept operating. But a newer challenge has emerged, one framed by harsh economics.
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The price of fuel has apparently seriously influenced decisions on “work from home” as the cost of commuting has leapt, with constrained oil supply substantially increasing the daily cost of commuting.
We’ve been taking a hard look at IWG's share price, especially due to their failure to reach our 252p target (slightly) with a rise failing at 250p. From our perspective, this was a big deal as we couldn’t justify calibration for the error, but instead a suspicion of weakness in the share.
Should this indeed be the case, below 174p presently suggests the risk of weakness to an initial 162p with our secondary, if broken, calculating at an eventual 132p which should provide a bounce point.
However, if IWG intends to catch a break, above just 202p should next prove important, allowing for movement to an initial 222p with our secondary, if bettered, at a pretty confident sounding 262p which dumps the share price in a land where a decent future should become logical.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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