Workspace Group (LON:WKP) was upgraded by analysts at Deutsche Bank to a “buy” rating in a report issued on Tuesday. The brokerage presently has a GBX 1,200 ($16.74) price objective on the stock, up from their prior price objective of GBX 1,080 ($15.06). Deutsche Bank’s price objective indicates a potential upside of 7.82% from the stock’s current price.
WKP has been the subject of a number of other reports. Liberum Capital reissued a “buy” rating and set a GBX 1,100 ($15.34) price target on shares of Workspace Group in a research note on Monday, March 19th. Peel Hunt reissued a “buy” rating and set a GBX 1,050 ($14.64) price target on shares of Workspace Group in a research note on Monday, January 22nd. JPMorgan Chase reissued an “overweight” rating and set a GBX 1,100 ($15.34) price target on shares of Workspace Group in a research note on Monday, January 15th. Numis Securities reissued an “add” rating and set a GBX 1,096 ($15.29) price target on shares of Workspace Group in a research note on Friday, January 19th. Finally, Jefferies Group reissued an “underperform” rating and set a GBX 750 ($10.46) price target on shares of Workspace Group in a research note on Thursday, January 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 1,037.63 ($14.47).
Shares of WKP stock opened at GBX 1,113 ($15.52) on Tuesday. Workspace Group has a 52-week low of GBX 748 ($10.43) and a 52-week high of GBX 1,040.50 ($14.51).
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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