Shares of Workspace Group plc (LON:WKP) have earned a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 1,007.29 ($14.14).
Several research firms have weighed in on WKP. Liberum Capital boosted their target price on shares of Workspace Group from GBX 1,050 ($14.74) to GBX 1,100 ($15.44) and gave the company a “buy” rating in a research note on Monday, January 8th. Numis Securities reiterated an “add” rating and set a GBX 1,096 ($15.38) target price on shares of Workspace Group in a research note on Friday, January 19th. Jefferies Group reiterated an “underperform” rating and set a GBX 750 ($10.53) target price on shares of Workspace Group in a research note on Thursday, January 18th. Peel Hunt reiterated a “buy” rating on shares of Workspace Group in a research note on Thursday. Finally, Canaccord Genuity upped their price target on shares of Workspace Group from GBX 875 ($12.28) to GBX 925 ($12.98) and gave the stock a “hold” rating in a research report on Friday, December 22nd.
WKP stock traded up GBX 11 ($0.15) during trading on Wednesday, hitting GBX 1,017 ($14.28). 87,226 shares of the company’s stock traded hands, compared to its average volume of 168,295. Workspace Group has a 52 week low of GBX 748 ($10.50) and a 52 week high of GBX 1,040.50 ($14.61).
Workspace Group PLC is a real estate investment trust (REIT). The Company is engaged in property investment. The Company provides commercial property to let throughout London. The Company owns and manages over 65 properties all across London and is home to approximately 4,000 new and growing companies.
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