Workspace Group (LON:WKP) had its price objective raised by research analysts at Deutsche Bank from GBX 1,000 ($13.07) to GBX 1,200 ($15.68) in a report released on Wednesday, ThisIsMoney.Co.Uk reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 21.09% from the company’s current price.
Other analysts have also issued research reports about the stock. Liberum Capital reaffirmed a “buy” rating on shares of Workspace Group in a research report on Monday, April 1st. Royal Bank of Canada began coverage on shares of Workspace Group in a research report on Thursday, March 28th. They set a “sector performer” rating and a GBX 1,000 ($13.07) price target on the stock. Berenberg Bank lowered shares of Workspace Group to a “hold” rating and reduced their price target for the company from GBX 1,250 ($16.33) to GBX 900 ($11.76) in a research report on Wednesday, February 13th. Peel Hunt reaffirmed a “hold” rating on shares of Workspace Group in a research report on Thursday, January 31st. Finally, JPMorgan Chase & Co. reduced their price target on shares of Workspace Group from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) and set an “overweight” rating on the stock in a research report on Monday, January 21st. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,094.56 ($14.30).
WKP stock opened at GBX 991 ($12.95) on Wednesday. The company has a market cap of $1.79 billion and a PE ratio of 11.29. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.10 and a current ratio of 1.62. Workspace Group has a one year low of GBX 778 ($10.17) and a one year high of GBX 1,176 ($15.37).
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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