Workspace Group (LON:WKP) had its target price cut by equities research analysts at Deutsche Bank from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) in a report issued on Monday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 23.80% from the stock’s current price.
Several other research firms have also recently weighed in on WKP. Liberum Capital reissued a “buy” rating on shares of Workspace Group in a research report on Friday, September 14th. Peel Hunt reissued a “hold” rating on shares of Workspace Group in a research report on Wednesday, November 14th. Numis Securities reaffirmed a “hold” rating on shares of Workspace Group in a report on Friday, August 10th. Finally, JPMorgan Chase & Co. cut their price target on Workspace Group from GBX 1,250 ($16.33) to GBX 1,200 ($15.68) and set an “overweight” rating for the company in a report on Friday. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,080.75 ($14.12).
LON WKP opened at GBX 888.50 ($11.61) on Monday. Workspace Group has a twelve month low of GBX 748 ($9.77) and a twelve month high of GBX 1,040.50 ($13.60).
Workspace Group Company Profile
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 3.7 million sq.
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