Workspace Group (LON:WKP) Price Target Raised to GBX 925 at Berenberg Bank

Workspace Group (LON:WKP) had its price target lifted by Berenberg Bank from GBX 900 ($11.76) to GBX 925 ($12.09) in a research note released on Wednesday, Digital Look reports. They currently have a hold rating on the stock.

A number of other analysts have also recently commented on the company. Deutsche Bank reaffirmed a buy rating on shares of Workspace Group in a research report on Friday, July 12th. Barclays reissued an overweight rating and issued a GBX 980 ($12.81) price objective on shares of Workspace Group in a report on Tuesday, June 18th. Liberum Capital reissued a buy rating on shares of Workspace Group in a report on Friday, October 4th. Royal Bank of Canada reissued a sector performer rating and issued a GBX 1,050 ($13.72) price objective on shares of Workspace Group in a report on Monday, June 24th. Finally, Peel Hunt reissued a hold rating on shares of Workspace Group in a report on Friday, October 4th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of GBX 1,022.14 ($13.36).

WKP traded up GBX 90.50 ($1.18) on Wednesday, reaching GBX 1,010 ($13.20). 515,324 shares of the stock were exchanged, compared to its average volume of 168,295. The company’s 50-day moving average price is GBX 913.92 and its 200 day moving average price is GBX 909.85. Workspace Group has a fifty-two week low of GBX 778 ($10.17) and a fifty-two week high of GBX 1,043 ($13.63). 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 has a market capitalization of $1.82 billion and a PE ratio of 13.12.

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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