Workspace Group Plc (WKP) Receives “Buy” Rating from GMP Securities
WKP has been the topic of a number of other research reports. Deutsche Bank AG restated a hold rating and set a GBX 660 ($8.17) price target on shares of Workspace Group Plc in a report on Tuesday, October 4th. Liberum Capital reduced their price target on Workspace Group Plc from GBX 1,050 ($13.00) to GBX 850 ($10.52) and set a buy rating on the stock in a report on Monday, July 4th. JPMorgan Chase & Co. reduced their price target on Workspace Group Plc from GBX 1,050 ($13.00) to GBX 950 ($11.76) and set an overweight rating on the stock in a report on Tuesday, September 6th. Numis Securities Ltd reduced their price target on Workspace Group Plc from GBX 861 ($10.66) to GBX 743 ($9.20) and set a hold rating on the stock in a report on Tuesday, August 16th. Finally, Peel Hunt restated a buy rating and set a GBX 850 ($10.52) price target on shares of Workspace Group Plc in a report on Monday, September 19th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of GBX 890.20 ($11.02).
Shares of Workspace Group Plc (LON:WKP) opened at 649.00 on Tuesday. The stock has a 50 day moving average price of GBX 694.72 and a 200 day moving average price of GBX 745.84. Workspace Group Plc has a 52 week low of GBX 569.00 and a 52 week high of GBX 989.50. The firm’s market cap is GBX 1.05 billion.
In other news, insider Hubbard,Stephen purchased 7,140 shares of the stock in a transaction dated Monday, July 18th. The shares were purchased at an average cost of GBX 692 ($8.56) per share, with a total value of £49,408.80 ($61,149.50).
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