Workspace Group Plc (WKP) Given “Buy” Rating at GMP Securities
Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating reiterated by research analysts at GMP Securities in a research report issued on Tuesday, StockTargetPrices.com reports.
Several other analysts also recently weighed in on WKP. Peel Hunt reissued a “buy” rating and set a GBX 900 ($11.14) target price on shares of Workspace Group Plc in a research report on Tuesday, June 14th. Jefferies Group reaffirmed a “hold” rating and issued a GBX 765 ($9.47) price objective on shares of Workspace Group Plc in a report on Wednesday, June 15th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 861 ($10.66) price objective on shares of Workspace Group Plc in a report on Friday, June 17th. JPMorgan Chase & Co. lowered their price target on shares of Workspace Group Plc from GBX 1,100 ($13.61) to GBX 1,050 ($13.00) and set an “overweight” rating on the stock in a report on Tuesday, June 21st. Finally, Deutsche Bank AG lowered their price target on shares of Workspace Group Plc from GBX 1,150 ($14.23) to GBX 1,075 ($13.30) and set a “buy” rating on the stock in a report on Friday, June 24th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 890.20 ($11.02).
Shares of Workspace Group Plc (LON:WKP) traded up 1.22% during mid-day trading on Tuesday, reaching GBX 662.50. 182,601 shares of the company’s stock were exchanged. The company’s 50 day moving average is GBX 694.72 and its 200 day moving average is GBX 745.84. Workspace Group Plc has a 1-year low of GBX 569.00 and a 1-year high of GBX 989.50. The stock’s market capitalization is GBX 1.08 billion.
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In related news, insider Hubbard,Stephen bought 7,140 shares of the stock in a transaction on Monday, July 18th. The stock was bought at an average price of GBX 692 ($8.56) per share, with a total value of £49,408.80 ($61,149.50).
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