Liberum Capital Increases Workspace Group Plc Price Target to GBX 632 (WKP)
Stock analysts at Liberum Capital hoisted their target price on shares of Workspace Group Plc (LON:WKP) from GBX 584 ($9.59) to GBX 632 ($10.37) in a report issued on Friday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Liberum Capital’s price objective points to a potential upside of 14.70% from the stock’s previous close.
Shares of Workspace Group Plc (LON:WKP) traded down 2.82% on Friday, hitting GBX 551.00. 77,371 shares of the company’s stock traded hands. Workspace Group Plc has a 52-week low of GBX 315.50 and a 52-week high of GBX 594.00. The stock’s 50-day moving average is GBX 530.2 and its 200-day moving average is GBX 479.7. The company’s market cap is £796.5 million.
WKP has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Workspace Group Plc from GBX 540 ($8.86) to GBX 605 ($9.93) in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Workspace Group Plc from GBX 519 ($8.52) to GBX 538 ($8.83) in a research note to investors on Wednesday, January 15th. They now have a “hold” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Workspace Group Plc in a research note to investors on Wednesday, December 11th. They now have a GBX 519 ($8.52) price target on the stock. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 531.14 ($8.72).
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