Workspace Group (LON:WKP) had its price target increased by Peel Hunt from GBX 925 ($12.09) to GBX 1,100 ($14.37) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the stock.
A number of other equities research analysts also recently issued reports on the stock. Berenberg Bank boosted their price target on shares of Workspace Group from GBX 900 ($11.76) to GBX 925 ($12.09) and gave the company a hold rating in a research note on Wednesday, October 9th. Barclays boosted their price target on shares of Workspace Group from GBX 980 ($12.81) to GBX 1,000 ($13.07) and gave the company an overweight rating in a research note on Monday, November 4th. Finally, Liberum Capital reissued a buy rating and issued a GBX 1,225 ($16.01) price target on shares of Workspace Group in a research note on Wednesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. Workspace Group has a consensus rating of Hold and an average price target of GBX 1,075 ($14.05).
WKP stock traded down GBX 7 ($0.09) during trading on Wednesday, reaching GBX 1,094 ($14.30). 247,137 shares of the stock were exchanged, compared to its average volume of 168,295. The business has a 50 day moving average price of GBX 1,003.06 and a 200-day moving average price of GBX 918.33. The firm has a market capitalization of $1.98 billion and a price-to-earnings ratio of 14.21. Workspace Group has a 1 year low of GBX 778 ($10.17) and a 1 year high of GBX 1,120 ($14.63). The company has a current ratio of 0.86, a quick ratio of 0.44 and a debt-to-equity ratio of 31.44.
About Workspace Group
Workspace is focused on helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all – we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations. Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.8 million sq.
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