Liberum Capital Boosts Workspace Group (WKP) Price Target to GBX 1,100

Workspace Group (LON:WKP) had its price target hoisted by Liberum Capital from GBX 1,050 ($14.24) to GBX 1,100 ($14.92) in a report released on Monday morning. Liberum Capital currently has a buy rating on the stock.

A number of other brokerages have also weighed in on WKP. Peel Hunt reissued a buy rating and issued a GBX 1,050 ($14.24) price target on shares of Workspace Group in a report on Thursday, January 4th. Canaccord Genuity raised their price target on shares of Workspace Group from GBX 875 ($11.87) to GBX 925 ($12.54) and gave the company a hold rating in a report on Friday, December 22nd. Berenberg Bank raised their price target on shares of Workspace Group from GBX 1,050 ($14.24) to GBX 1,080 ($14.65) and gave the company a buy rating in a report on Thursday, November 9th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 1,080 ($14.65) price target on shares of Workspace Group in a report on Thursday, November 9th. Finally, Numis Securities reissued an add rating and issued a GBX 1,012 ($13.72) price target on shares of Workspace Group in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 991.63 ($13.45).

Shares of Workspace Group (WKP) opened at GBX 993.16 ($13.47) on Monday. The firm has a market cap of $1,650.00 and a P/E ratio of 800.94. Workspace Group has a fifty-two week low of GBX 735.50 ($9.97) and a fifty-two week high of GBX 1,029 ($13.95).

Workspace Group (LON:WKP) last issued its quarterly earnings results on Wednesday, November 8th. The company reported GBX 17.90 ($0.24) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 17.60 ($0.24) by GBX 0.30 ($0.00). The business had revenue of GBX 6,150 million during the quarter. Workspace Group had a net margin of 201.14% and a return on equity of 15.14%.

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 6th. Shareholders of record on Thursday, January 11th will be paid a GBX 8.84 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a yield of 0.96%.

COPYRIGHT VIOLATION NOTICE: “Liberum Capital Boosts Workspace Group (WKP) Price Target to GBX 1,100” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/11/liberum-capital-boosts-workspace-group-wkp-price-target-to-gbx-1100.html.

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.

Analyst Recommendations for Workspace Group (LON:WKP)

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.

Leave a Reply