Workspace Group plc (LON:WKP) has been assigned a consensus recommendation of “Hold” from the eight research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 1,012.63 ($13.99).
WKP has been the subject of a number of analyst reports. Deutsche Bank boosted their target price on shares of Workspace Group from GBX 660 ($9.12) to GBX 1,000 ($13.82) and gave the stock a “hold” rating in a research note on Monday, November 13th. JPMorgan Chase & Co. boosted their target price on shares of Workspace Group from GBX 1,080 ($14.92) to GBX 1,100 ($15.20) and gave the stock an “overweight” rating in a research note on Thursday, November 16th. Peel Hunt reiterated a “buy” rating and set a GBX 1,050 ($14.51) target price on shares of Workspace Group in a research note on Tuesday, December 5th. Numis Securities reiterated an “add” rating and set a GBX 1,012 ($13.98) target price on shares of Workspace Group in a research note on Friday, December 15th. Finally, Canaccord Genuity boosted their target price on shares of Workspace Group from GBX 875 ($12.09) to GBX 925 ($12.78) and gave the stock a “hold” rating in a research note on Friday, December 22nd.
Shares of Workspace Group (WKP) traded down GBX 2 ($0.03) during mid-day trading on Friday, hitting GBX 968.50 ($13.38). 195,096 shares of the company were exchanged, compared to its average volume of 174,655. The firm has a market capitalization of $1,610.00 and a P/E ratio of 781.05. Workspace Group has a 12-month low of GBX 748 ($10.33) and a 12-month high of GBX 1,040.50 ($14.38).
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About Workspace Group
Workspace Group PLC is a real estate investment trust (REIT). The Company is engaged in property investment. The Company provides commercial property to let throughout London. The Company owns and manages over 65 properties all across London and is home to approximately 4,000 new and growing companies.
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