Shares of Workspace Group plc (LON:WKP) have received an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,012.63 ($13.73).
A number of brokerages have recently weighed in on WKP. Jefferies Group reissued an “underperform” rating and set a GBX 750 ($10.17) price objective on shares of Workspace Group in a research note on Thursday. Numis Securities reissued an “add” rating and set a GBX 1,096 ($14.86) price objective on shares of Workspace Group in a research note on Friday. Liberum Capital reissued a “buy” rating and set a GBX 1,100 ($14.92) price objective on shares of Workspace Group in a research note on Thursday. Peel Hunt reissued a “buy” rating and set a GBX 1,050 ($14.24) price objective on shares of Workspace Group in a research note on Thursday, January 4th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,100 ($14.92) price objective on shares of Workspace Group in a research note on Monday.
Workspace Group (LON WKP) opened at GBX 978.50 ($13.27) on Friday. Workspace Group has a 1-year low of GBX 735.50 ($9.97) and a 1-year high of GBX 1,029 ($13.95). The stock has a market cap of $1,600.00 and a PE ratio of 789.11.
The company also recently announced a dividend, which will be paid on Tuesday, February 6th. Shareholders of record on Thursday, January 11th will be paid a GBX 8.84 ($0.12) dividend. The ex-dividend date is Thursday, January 11th. This represents a yield of 0.96%.
WARNING: “Workspace Group plc (WKP) Receives Average Rating of “Hold” from Analysts” was posted by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://www.americanbankingnews.com/2018/01/19/workspace-group-plc-wkp-receives-average-rating-of-hold-from-analysts-4.html.
About Workspace Group
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.
Receive News & Ratings for Workspace Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workspace Group and related companies with MarketBeat.com's FREE daily email newsletter.