Workspace Group Plc Given Buy Rating at Liberum Capital (WKP)
Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 733 ($12.30) target price on the stock. Liberum Capital’s target price would indicate a potential upside of 21.26% from the company’s current price.
Shares of Workspace Group Plc (LON:WKP) traded up 1.58% during mid-day trading on Monday, hitting GBX 624.69. 110,928 shares of the company’s stock traded hands. Workspace Group Plc has a 1-year low of GBX 413.20 and a 1-year high of GBX 639.00. The stock has a 50-day moving average of GBX 594.9 and a 200-day moving average of GBX 581.4. The company’s market cap is £908.7 million.
A number of other firms have also recently commented on WKP. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Workspace Group Plc in a research note on Wednesday, July 16th. Separately, analysts at Investec reiterated a “buy” rating on shares of Workspace Group Plc in a research note on Wednesday, July 16th. They now have a GBX 676 ($11.34) price target on the stock. Finally, analysts at Jefferies Group upgraded shares of Workspace Group Plc to a “buy” rating in a research note on Friday, June 6th. They now have a GBX 706 ($11.84) price target on the stock, up previously from GBX 588 ($9.86). Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 618.57 ($10.38).
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