Workspace Group (LON:WKP) Rating Reiterated by Peel Hunt
Peel Hunt reiterated their hold rating on shares of Workspace Group (LON:WKP) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently commented on WKP. Royal Bank of Canada increased their price target on from GBX 2,400 ($31.36) to GBX 2,800 ($36.59) and gave the company an outperform rating in a report on Monday, June 24th. Numis Securities reiterated an add rating and set a GBX 1,050 ($13.72) price target on shares of in a report on Wednesday, June 5th. Barclays downgraded to an underweight rating and set a GBX 4,400 ($57.49) price target on the stock. in a report on Tuesday, June 18th. Liberum Capital reiterated a buy rating on shares of Aquis Exchange in a report on Wednesday, June 5th. Finally, JPMorgan Chase & Co. initiated coverage on shares of SEA in a research note on Wednesday, June 12th. They issued an overweight rating and a $36.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of GBX 1,044.38 ($13.65).
Shares of WKP stock opened at GBX 889.50 ($11.62) on Monday. Workspace Group has a 12 month low of GBX 778 ($10.17) and a 12 month high of GBX 1,133 ($14.80). The company has a debt-to-equity ratio of 31.44, a quick ratio of 0.44 and a current ratio of 0.86. The company’s 50 day moving average is GBX 880.13. The firm has a market capitalization of $1.60 billion and a P/E ratio of 11.55.
In other news, insider Angus Boag sold 14,975 shares of the firm’s stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of GBX 889 ($11.62), for a total value of £133,127.75 ($173,954.98).
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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