Workspace Group Plc’s Buy Rating Reaffirmed at Investec (WKP)
Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating restated by stock analysts at Investec in a report issued on Monday. They currently have a GBX 676 ($11.34) price target on the stock. Investec’s target price suggests a potential upside of 11.83% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Workspace Group Plc in a research note on Monday. They now have a GBX 733 ($12.30) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Workspace Group Plc in a research note on Wednesday, July 16th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 618.57 ($10.38).
Shares of Workspace Group Plc (LON:WKP) traded up 1.58% on Monday, hitting GBX 624.69. 110,928 shares of the company’s stock traded hands. Workspace Group Plc has a 52-week low of GBX 413.20 and a 52-week high of GBX 639.00. The stock’s 50-day moving average is GBX 593.0 and its 200-day moving average is GBX 580.9. The company’s market cap is £908.7 million.
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