Workspace Group’s (WKP) “Buy” Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Workspace Group (LON:WKP) in a research note released on Wednesday.

Other analysts have also issued research reports about the company. Peel Hunt restated a hold rating on shares of Workspace Group in a report on Wednesday, November 14th. Numis Securities reiterated a hold rating on shares of Workspace Group in a research note on Friday, August 10th. Deutsche Bank reduced their target price on Workspace Group from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) and set a hold rating on the stock in a research note on Monday, November 26th. Finally, JPMorgan Chase & Co. reduced their target price on Workspace Group from GBX 1,250 ($16.33) to GBX 1,200 ($15.68) and set an overweight rating on the stock in a research note on Friday, November 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 1,080.75 ($14.12).

LON:WKP opened at GBX 829 ($10.83) on Wednesday. Workspace Group has a fifty-two week low of GBX 748 ($9.77) and a fifty-two week high of GBX 1,040.50 ($13.60).

Workspace Group (LON:WKP) last released its quarterly earnings results on Wednesday, November 14th. The company reported GBX 20.20 ($0.26) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 20 ($0.26) by GBX 0.20 ($0.00).

The firm also recently announced a dividend, which will be paid on Wednesday, February 6th. Shareholders of record on Thursday, January 10th will be paid a GBX 10.61 ($0.14) dividend. The ex-dividend date is Thursday, January 10th. This represents a yield of 1.09%.

About Workspace Group

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 3.7 million sq.

Further Reading: Risk Tolerance

Analyst Recommendations for Workspace Group (LON:WKP)

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