Workspace Group Plc (WKP) Earns “Buy” Rating from Liberum Capital
Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research report issued on Friday. They currently have a GBX 850 ($11.10) price objective on the stock. Liberum Capital’s price target suggests a potential upside of 26.39% from the company’s previous close.
WKP has been the topic of several other reports. Deutsche Bank AG decreased their price target on shares of Workspace Group Plc from GBX 1,150 ($15.01) to GBX 1,075 ($14.03) and set a “buy” rating on the stock in a research note on Friday, June 24th. JPMorgan Chase & Co. reduced their price objective on shares of Workspace Group Plc from GBX 1,050 ($13.71) to GBX 950 ($12.40) and set an “overweight” rating on the stock in a research note on Tuesday, September 6th. Numis Securities Ltd reduced their price objective on shares of Workspace Group Plc from GBX 861 ($11.24) to GBX 743 ($9.70) and set a “hold” rating on the stock in a research note on Tuesday, August 16th. Peel Hunt reiterated a “buy” rating and set a GBX 850 ($11.10) price objective on shares of Workspace Group Plc in a research note on Monday, September 19th. Finally, Jefferies Group reduced their price objective on shares of Workspace Group Plc from GBX 765 ($9.99) to GBX 665 ($8.68) and set a “hold” rating on the stock in a research note on Friday, August 19th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 890.20 ($11.62).
Shares of Workspace Group Plc (LON:WKP) traded down 1.61% during midday trading on Friday, hitting GBX 672.50. 483,565 shares of the stock traded hands. Workspace Group Plc has a 52 week low of GBX 569.00 and a 52 week high of GBX 989.50. The firm’s 50-day moving average is GBX 694.59 and its 200 day moving average is GBX 747.76. The company’s market capitalization is GBX 1.09 billion.
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In other Workspace Group Plc news, insider Hubbard,Stephen acquired 7,140 shares of the company’s stock in a transaction that occurred on Monday, July 18th. The stock was acquired at an average price of GBX 692 ($9.03) per share, for a total transaction of £49,408.80 ($64,493.93).
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