Workspace Group Plc (WKP) Earns Buy Rating from Liberum Capital
Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a report issued on Friday. They currently have a GBX 850 ($11.10) price objective on the stock. Liberum Capital’s price target indicates a potential upside of 24.36% from the stock’s current price.
Several other research analysts have also commented on the company. Peel Hunt restated a “buy” rating and set a GBX 850 ($11.10) price target on shares of Workspace Group Plc in a research report on Monday, September 19th. Deutsche Bank AG lowered their price target on Workspace Group Plc from GBX 1,150 ($15.01) to GBX 1,075 ($14.03) and set a “buy” rating for the company in a research report on Friday, June 24th. Numis Securities Ltd lowered their price target on Workspace Group Plc from GBX 861 ($11.24) to GBX 743 ($9.70) and set a “hold” rating for the company in a research report on Tuesday, August 16th. JPMorgan Chase & Co. lowered their price target on Workspace Group Plc from GBX 1,050 ($13.71) to GBX 950 ($12.40) and set an “overweight” rating for the company in a research report on Tuesday, September 6th. Finally, Jefferies Group reiterated a “hold” rating and issued a GBX 765 ($9.99) price objective on shares of Workspace Group Plc in a research note on Wednesday, June 15th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Workspace Group Plc has an average rating of “Buy” and an average price target of GBX 890.20 ($11.62).
Shares of Workspace Group Plc (LON:WKP) opened at 679.85 on Friday. The firm’s 50-day moving average price is GBX 694.56 and its 200 day moving average price is GBX 748.79. Workspace Group Plc has a 1-year low of GBX 569.00 and a 1-year high of GBX 989.50. The stock’s market cap is GBX 1.10 billion.
In other Workspace Group Plc news, insider Hubbard,Stephen purchased 7,140 shares of the business’s stock in a transaction on Monday, July 18th. The shares were bought at an average cost of GBX 692 ($9.03) per share, for a total transaction of £49,408.80 ($64,493.93).
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