Brokerages Set Workspace Group Plc (LON:WKP) Target Price at GBX 415.50

Shares of Workspace Group Plc (LON:WKPGet Free Report) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 415.50.

A number of brokerages recently commented on WKP. Deutsche Bank Aktiengesellschaft decreased their price target on Workspace Group from GBX 480 to GBX 400 and set a “hold” rating for the company in a research report on Tuesday, June 23rd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 406 price target on shares of Workspace Group in a report on Thursday, June 11th. JPMorgan Chase & Co. decreased their price objective on shares of Workspace Group from GBX 500 to GBX 410 and set an “overweight” rating for the company in a report on Tuesday, June 9th. Peel Hunt reiterated a “hold” rating and issued a GBX 350 target price on shares of Workspace Group in a research note on Friday, July 24th. Finally, Berenberg Bank increased their target price on shares of Workspace Group from GBX 401 to GBX 427 and gave the company a “buy” rating in a research report on Thursday, June 18th.

View Our Latest Stock Analysis on WKP

Workspace Group Price Performance

Workspace Group stock opened at GBX 355.80 on Thursday. Workspace Group has a 52 week low of GBX 312 and a 52 week high of GBX 434.38. The company’s 50 day moving average price is GBX 360.38 and its two-hundred day moving average price is GBX 351.98. The stock has a market cap of £685.45 million, a P/E ratio of -5.68, a P/E/G ratio of 1.54 and a beta of 1.09. The company has a quick ratio of 0.11, a current ratio of 0.42 and a debt-to-equity ratio of 59.71.

Workspace Group Company Profile

(Get Free Report)

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential.

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Analyst Recommendations for Workspace Group (LON:WKP)

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