Workspace Group (LON:WKP) was downgraded by analysts at Berenberg Bank to a “hold” rating in a research note issued to investors on Wednesday. They presently have a GBX 900 ($11.76) price objective on the stock, down from their previous price objective of GBX 1,250 ($16.33). Berenberg Bank’s price target would indicate a potential downside of 5.36% from the stock’s previous close.
WKP has been the topic of a number of other reports. Liberum Capital reissued a “buy” rating on shares of Workspace Group in a research report on Thursday, January 31st. JPMorgan Chase & Co. reduced their target price on shares of Workspace Group from GBX 1,250 ($16.33) to GBX 1,200 ($15.68) and set an “overweight” rating on the stock in a research report on Friday, November 23rd. Deutsche Bank raised shares of Workspace Group to a “buy” rating and reduced their target price for the stock from GBX 1,100 ($14.37) to GBX 1,000 ($13.07) in a research report on Wednesday, January 16th. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Workspace Group in a report on Monday, January 14th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 1,081.38 ($14.13).
LON WKP opened at GBX 951 ($12.43) on Wednesday. Workspace Group has a 52 week low of GBX 748 ($9.77) and a 52 week high of GBX 1,040.50 ($13.60).
Workspace Group (LON:WKP) last posted its earnings results on Wednesday, November 14th. The company reported GBX 20.20 ($0.26) EPS for the quarter, topping analysts’ consensus estimates of GBX 20 ($0.26) by GBX 0.20 ($0.00).
About Workspace Group
Workspace is focused on helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations. Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.8 million sq.
Read More: Insider Trading
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.