Workspace Group (LON:WKP)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a report issued on Thursday. They currently have a GBX 1,100 ($14.92) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 11.68% from the stock’s previous close.
WKP has been the subject of several other reports. Numis Securities reissued an “add” rating and issued a GBX 1,012 ($13.72) target price on shares of Workspace Group in a research report on Thursday, October 19th. Peel Hunt reissued a “buy” rating and issued a GBX 1,050 ($14.24) target price on shares of Workspace Group in a research report on Tuesday, December 5th. Berenberg Bank boosted their target price on shares of Workspace Group from GBX 1,050 ($14.24) to GBX 1,080 ($14.65) and gave the stock a “buy” rating in a research report on Thursday, November 9th. Deutsche Bank boosted their target price on shares of Workspace Group from GBX 660 ($8.95) to GBX 1,000 ($13.56) and gave the stock a “hold” rating in a research report on Monday, November 13th. Finally, Canaccord Genuity boosted their target price on shares of Workspace Group from GBX 875 ($11.87) to GBX 925 ($12.54) and gave the stock a “hold” rating in a research report on Friday, December 22nd. One research 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 presently has an average rating of “Hold” and a consensus target price of GBX 1,012.63 ($13.73).
Workspace Group (LON WKP) traded down GBX 1 ($0.01) during trading on Thursday, reaching GBX 985 ($13.36). 167,047 shares of the company’s stock traded hands, compared to its average volume of 184,038. The firm has a market cap of $1,610.00 and a price-to-earnings ratio of 794.35. Workspace Group has a 1 year low of GBX 735.50 ($9.97) and a 1 year high of GBX 1,029 ($13.95).
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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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