Workspace Group’s (WKP) “Buy” Rating Reaffirmed at Peel Hunt
Workspace Group (LON:WKP)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Tuesday. They currently have a GBX 1,050 ($14.13) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 9.20% from the stock’s previous close.
Several other research analysts also recently issued reports on the company. J P Morgan Chase & Co upped their price objective on Workspace Group from GBX 1,080 ($14.54) to GBX 1,100 ($14.80) and gave the company an “overweight” rating in a research note on Thursday, November 16th. Deutsche Bank upped their price objective on Workspace Group from GBX 660 ($8.88) to GBX 1,000 ($13.46) and gave the company a “hold” rating in a research note on Monday, November 13th. Berenberg Bank upped their price objective on Workspace Group from GBX 1,050 ($14.13) to GBX 1,080 ($14.54) and gave the company a “buy” rating in a research note on Thursday, November 9th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,050 ($14.13) price objective on shares of Workspace Group in a research note on Wednesday, November 8th. Finally, Numis Securities reaffirmed an “add” rating and issued a GBX 1,012 ($13.62) price objective on shares of Workspace Group in a research note on Thursday, October 19th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 966.63 ($13.01).
Workspace Group (LON:WKP) traded up GBX 22.50 ($0.30) during mid-day trading on Tuesday, hitting GBX 961.50 ($12.94). 215,808 shares of the stock were exchanged, compared to its average volume of 168,338. Workspace Group has a 52-week low of GBX 716 ($9.64) and a 52-week high of GBX 972 ($13.08).
Workspace Group 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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