Workspace Group (LON:WKP) had its price target lifted by Berenberg Bank from GBX 900 ($11.76) to GBX 925 ($12.09) in a research note released on Wednesday, Digital Look reports. They currently have a hold rating on the stock.
A number of other analysts have also recently commented on the company. Deutsche Bank reaffirmed a buy rating on shares of Workspace Group in a research report on Friday, July 12th. Barclays reissued an overweight rating and issued a GBX 980 ($12.81) price objective on shares of Workspace Group in a report on Tuesday, June 18th. Liberum Capital reissued a buy rating on shares of Workspace Group in a report on Friday, October 4th. Royal Bank of Canada reissued a sector performer rating and issued a GBX 1,050 ($13.72) price objective on shares of Workspace Group in a report on Monday, June 24th. Finally, Peel Hunt reissued a hold rating on shares of Workspace Group in a report on Friday, October 4th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 1,022.14 ($13.36).
WKP traded up GBX 90.50 ($1.18) on Wednesday, reaching GBX 1,010 ($13.20). 515,324 shares of the stock were exchanged, compared to its average volume of 168,295. The company’s 50-day moving average price is GBX 913.92 and its 200 day moving average price is GBX 909.85. Workspace Group has a fifty-two week low of GBX 778 ($10.17) and a fifty-two week high of GBX 1,043 ($13.63). The company has a debt-to-equity ratio of 31.44, a current ratio of 0.86 and a quick ratio of 0.44. The firm has a market capitalization of $1.82 billion and a PE ratio of 13.12.
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.
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