Deutsche Bank Raises Workspace Group (WKP) Price Target to GBX 1,200

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 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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