Workspace Group Plc (WKP) Stock Rating Reaffirmed by Deutsche Bank AG
Workspace Group Plc (LON:WKP)‘s stock had its “hold” rating reiterated by investment analysts at Deutsche Bank AG in a research report issued to clients and investors on Tuesday. They currently have a GBX 660 ($8.62) target price on the stock. Deutsche Bank AG’s price target indicates a potential downside of 1.86% from the stock’s current price.
WKP has been the topic of several other reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,100 ($14.36) price objective on shares of Workspace Group Plc in a research report on Thursday, June 9th. Liberum Capital reissued a “buy” rating and set a GBX 1,100 ($14.36) price objective on shares of Workspace Group Plc in a research report on Wednesday, June 8th. Peel Hunt reissued a “buy” rating and set a GBX 900 ($11.75) price objective on shares of Workspace Group Plc in a research report on Tuesday, June 14th. Jefferies Group lowered 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 report on Friday, August 19th. Finally, Numis Securities Ltd reissued a “hold” rating and set a GBX 836 ($10.91) price objective on shares of Workspace Group Plc in a research report on Wednesday, June 8th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Workspace Group Plc presently has an average rating of “Buy” and an average target price of GBX 890.20 ($11.62).
Workspace Group Plc (LON:WKP) traded down 1.61% during mid-day trading on Tuesday, hitting GBX 672.50. 483,565 shares of the stock were exchanged. The company has a 50-day moving average price of GBX 694.59 and a 200-day moving average price of GBX 747.76. The company’s market cap is GBX 1.09 billion. Workspace Group Plc has a one year low of GBX 569.00 and a one year high of GBX 989.50.
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In related news, insider Hubbard,Stephen acquired 7,140 shares of Workspace Group Plc stock in a transaction that occurred on Monday, July 18th. The stock was purchased 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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