Workspace Group Plc’s (WKP) “Buy” Rating Reaffirmed at GMP Securities
Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating reiterated by equities researchers at GMP Securities in a report released on Tuesday, StockTargetPrices.com reports.
A number of other brokerages have also recently issued reports on WKP. Liberum Capital restated a “buy” rating and set a GBX 850 ($10.52) target price on shares of Workspace Group Plc in a report on Thursday, July 14th. Peel Hunt restated a “buy” rating and set a GBX 900 ($11.14) target price on shares of Workspace Group Plc in a report on Tuesday, June 14th. Deutsche Bank AG dropped their price target on 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 research report on Friday, June 24th. JPMorgan Chase & Co. dropped their price target on 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 research report on Tuesday, June 21st. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 861 ($10.66) price target on shares of Workspace Group Plc in a research report on Friday, June 17th. 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 stock presently has an average rating of “Buy” and a consensus target price of GBX 890.20 ($11.02).
Shares of Workspace Group Plc (LON:WKP) traded up 1.22% during midday trading on Tuesday, reaching GBX 662.50. The company’s stock had a trading volume of 182,601 shares. Workspace Group Plc has a 12 month low of GBX 569.00 and a 12 month high of GBX 989.50. The company has a 50-day moving average price of GBX 694.72 and a 200-day moving average price of GBX 745.84. The firm’s market cap is GBX 1.08 billion.
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In other news, insider Hubbard,Stephen bought 7,140 shares of the company’s stock in a transaction that occurred on Monday, July 18th. The shares were acquired 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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