Numis Securities Ltd Reaffirms Hold Rating for Workspace Group Plc (WKP)
Numis Securities Ltd reaffirmed their hold rating on shares of Workspace Group Plc (LON:WKP) in a report released on Wednesday morning. They currently have a GBX 743 ($9.20) target price on the stock.
Several other research analysts have also weighed in on WKP. Liberum Capital reaffirmed a buy rating and set a GBX 850 ($10.53) target price on shares of Workspace Group Plc in a research note on Tuesday, November 1st. Jefferies Group lowered their target price on shares of Workspace Group Plc from GBX 765 ($9.48) to GBX 665 ($8.24) and set a hold rating for the company in a research note on Friday, August 19th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 660 ($8.18) target price on shares of Workspace Group Plc in a research note on Monday, September 19th. JPMorgan Chase & Co. lowered their target price on shares of Workspace Group Plc from GBX 1,050 ($13.01) to GBX 950 ($11.77) and set an overweight rating for the company in a research note on Tuesday, September 6th. Finally, GMP Securities reaffirmed a buy rating on shares of Workspace Group Plc in a research note on Tuesday, October 11th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Workspace Group Plc has a consensus rating of Buy and an average price target of GBX 854.11 ($10.58).
Workspace Group Plc (LON:WKP) opened at 686.50 on Wednesday. The stock’s market cap is GBX 1.13 billion. The stock has a 50 day moving average of GBX 663.00 and a 200-day moving average of GBX 724.19. Workspace Group Plc has a 12 month low of GBX 569.00 and a 12 month high of GBX 989.50.
The firm also recently declared a dividend, which will be paid on Tuesday, February 7th. Stockholders of record on Thursday, January 12th will be given a dividend of GBX 6.80 ($0.08) per share. The ex-dividend date of this dividend is Thursday, January 12th. This represents a dividend yield of 1.01%.
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