Workspace Group (LON:WKP) PT Raised to GBX 1,100 at Peel Hunt

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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.

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Thursday, January 9th will be paid a GBX 11.67 ($0.15) dividend. This represents a dividend yield of 1.07%. The ex-dividend date is Thursday, January 9th. Workspace Group’s dividend payout ratio (DPR) is 0.43%.

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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Analyst Recommendations for Workspace Group (LON:WKP)

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