Workspace Group plc (WKP) Given Add Rating at Numis Securities Ltd
Workspace Group plc (LON:WKP)‘s stock had its “add” rating reissued by investment analysts at Numis Securities Ltd in a report released on Thursday. They presently have a GBX 1,012 ($13.45) price target on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 11.09% from the stock’s previous close.
WKP has been the subject of a number of other reports. Peel Hunt reiterated a “buy” rating and issued a GBX 950 ($12.62) target price on shares of Workspace Group plc in a report on Wednesday, August 30th. Liberum Capital reiterated a “buy” rating and issued a GBX 1,000 ($13.29) target price on shares of Workspace Group plc in a report on Friday, June 23rd. Finally, Berenberg Bank began coverage on Workspace Group plc in a report on Thursday, July 27th. They issued a “buy” rating and a GBX 1,050 ($13.95) target price for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 914.71 ($12.15).
Workspace Group plc (LON WKP) traded down 0.65% on Thursday, hitting GBX 911.00. The stock had a trading volume of 347,511 shares. The company’s market cap is GBX 1.49 billion. The firm’s 50-day moving average is GBX 893.95 and its 200-day moving average is GBX 881.43. Workspace Group plc has a 52-week low of GBX 615.00 and a 52-week high of GBX 959.00.
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In other Workspace Group plc news, insider Jamie Hopkins sold 30,000 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of GBX 913 ($12.13), for a total value of £273,900 ($363,938.35).
Workspace Group plc Company Profile
Workspace Group PLC is a real estate investment trust (REIT). The Company is engaged in property investment. The Company provides commercial property to let throughout London. The Company owns and manages over 65 properties all across London and is home to approximately 4,000 new and growing companies.
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