Workspace Group’s (LON:WKP) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Workspace Group (LON:WKP) in a research note issued to investors on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued reports about the company. Liberum Capital reiterated a buy rating on shares of Workspace Group in a research note on Wednesday, December 5th. Berenberg Bank downgraded Workspace Group to a hold rating and cut their price objective for the company from GBX 1,250 ($16.33) to GBX 900 ($11.76) in a research note on Wednesday, February 13th. Deutsche Bank upgraded Workspace Group to a buy rating and cut their price objective for the company from GBX 1,100 ($14.37) to GBX 1,000 ($13.07) in a research note on Wednesday, January 16th. Barclays reiterated an overweight rating and set a GBX 980 ($12.81) price objective on shares of Workspace Group in a research note on Tuesday, December 11th. Finally, JPMorgan Chase & Co. cut their price objective on Workspace Group from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) and set an overweight rating for the company in a research note on Monday, January 21st. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 1,094.56 ($14.30).

LON:WKP traded up GBX 14 ($0.18) during mid-day trading on Tuesday, reaching GBX 987.50 ($12.90). The company’s stock had a trading volume of 155,101 shares, compared to its average volume of 168,295. Workspace Group has a 12-month low of GBX 778 ($10.17) and a 12-month high of GBX 1,176 ($15.37). The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.10 and a current ratio of 1.62. The firm has a market cap of $1.78 billion and a price-to-earnings ratio of 11.25.

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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Analyst Recommendations for Workspace Group (LON:WKP)

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