Workspace Group plc (LON:WKP) has been assigned an average rating of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,012.63 ($13.99).
A number of brokerages have weighed in on WKP. Numis Securities reissued an “add” rating and issued a GBX 1,012 ($13.98) price target on shares of Workspace Group in a report on Friday, December 15th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,100 ($15.20) price target on shares of Workspace Group in a report on Monday, January 15th. Peel Hunt reissued a “buy” rating and issued a GBX 1,050 ($14.51) price target on shares of Workspace Group in a report on Thursday, January 4th. Liberum Capital upped their price target on shares of Workspace Group from GBX 1,050 ($14.51) to GBX 1,100 ($15.20) and gave the company a “buy” rating in a report on Monday, January 8th. Finally, Canaccord Genuity upped their price target on shares of Workspace Group from GBX 875 ($12.09) to GBX 925 ($12.78) and gave the company a “hold” rating in a report on Friday, December 22nd.
Shares of Workspace Group (WKP) traded up GBX 25.50 ($0.35) during midday trading on Tuesday, reaching GBX 970.50 ($13.41). 160,307 shares of the company’s stock were exchanged, compared to its average volume of 183,768. Workspace Group has a 52 week low of GBX 748 ($10.33) and a 52 week high of GBX 1,040.50 ($14.38). The firm has a market cap of $1,590.00 and a P/E ratio of 782.66.
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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.
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