Peel Hunt reiterated their hold rating on shares of Workspace Group (LON:WKP) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.
WKP has been the topic of several other reports. Barclays lowered shares of to an underweight rating and set a GBX 4,400 ($57.49) price objective on the stock. in a research note on Tuesday, June 18th. Liberum Capital reiterated a buy rating on shares of Aquis Exchange in a research note on Wednesday, June 5th. Numis Securities reiterated an add rating and issued a GBX 1,050 ($13.72) price target on shares of in a research note on Wednesday, June 5th. JPMorgan Chase & Co. assumed coverage on shares of SEA in a research note on Wednesday, June 12th. They issued an overweight rating and a $36.00 price target on the stock. Finally, Deutsche Bank reiterated a hold rating and issued a GBX 350 ($4.57) price target on shares of in a research note on Friday, July 5th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 1,044.38 ($13.65).
Shares of Workspace Group stock traded up GBX 12 ($0.16) during trading on Monday, hitting GBX 889.50 ($11.62). 289,782 shares of the stock were exchanged, compared to its average volume of 168,295. The firm has a market cap of $1.60 billion and a PE ratio of 11.55. The stock has a fifty day moving average of GBX 881. Workspace Group has a 1-year low of GBX 778 ($10.17) and a 1-year high of GBX 1,133 ($14.80). The company has a debt-to-equity ratio of 31.44, a current ratio of 0.86 and a quick ratio of 0.44.
The firm also recently disclosed a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, July 4th will be issued a GBX 22.26 ($0.29) dividend. The ex-dividend date is Thursday, July 4th. This represents a yield of 2.51%. This is an increase from Workspace Group’s previous dividend of $10.61. Workspace Group’s payout ratio is currently 0.43%.
In other Workspace Group news, insider Angus Boag sold 14,975 shares of the business’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of GBX 889 ($11.62), for a total value of £133,127.75 ($173,954.98).
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 3.8 million sq.
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