Workspace Group (LON:WKP) Stock Rating Reaffirmed by Liberum Capital

Workspace Group (LON:WKP)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

Several other brokerages also recently issued reports on WKP. Royal Bank of Canada increased their price objective on shares of from GBX 2,400 ($31.36) to GBX 2,800 ($36.59) and gave the company an “outperform” rating in a research report on Monday, June 24th. Peel Hunt reaffirmed a “buy” rating on shares of Lookers in a research report on Monday, July 8th. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 350 ($4.57) price objective on shares of in a research report on Friday, July 5th. JPMorgan Chase & Co. initiated coverage on shares of SEA in a research report on Wednesday, June 12th. They issued an “overweight” rating and a $36.00 price objective for the company. Finally, Barclays downgraded shares of to an “underweight” rating and set a GBX 4,400 ($57.49) price objective for the company. in a research report on Tuesday, June 18th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Workspace Group presently has a consensus rating of “Buy” and a consensus price target of GBX 1,044.38 ($13.65).

LON WKP opened at GBX 899 ($11.75) on Thursday. Workspace Group has a one year low of GBX 778 ($10.17) and a one year high of GBX 1,133 ($14.80). The firm has a 50 day simple moving average of GBX 879.93. 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 stock has a market capitalization of $1.62 billion and a price-to-earnings ratio of 11.68.

In other news, insider Angus Boag sold 14,975 shares of the firm’s stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of GBX 889 ($11.62), for a total transaction of £133,127.75 ($173,954.98).

Workspace Group Company Profile

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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Analyst Recommendations for Workspace Group (LON:WKP)

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