Workspace Group Plc (WKP) Price Target Lowered to GBX 900 at JPMorgan Chase & Co.
Workspace Group Plc (LON:WKP) had its price target cut by JPMorgan Chase & Co. from GBX 950 ($11.87) to GBX 900 ($11.24) in a research report report published on Wednesday. They currently have an overweight rating on the stock.
Several other research firms have also recently commented on WKP. Deutsche Bank AG cut shares of Workspace Group Plc to a hold rating and reduced their target price for the stock from GBX 1,075 ($13.43) to GBX 660 ($8.25) in a research note on Tuesday, September 13th. Peel Hunt restated a buy rating and issued a GBX 850 ($10.62) target price on shares of Workspace Group Plc in a research note on Monday, September 19th. Liberum Capital restated a buy rating and issued a GBX 1,050 ($13.12) target price on shares of Workspace Group Plc in a research note on Monday, September 19th. Numis Securities Ltd restated a hold rating and issued a GBX 743 ($9.28) target price on shares of Workspace Group Plc in a research note on Tuesday, November 15th. Finally, Jefferies Group cut their price target on shares of Workspace Group Plc from GBX 629 ($7.86) to GBX 600 ($7.50) and set a hold rating for the company in a report on Thursday, November 10th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of Buy and an average price target of GBX 848.56 ($10.60).
Workspace Group Plc (LON:WKP) opened at 682.00 on Wednesday. Workspace Group Plc has a 12-month low of GBX 569.00 and a 12-month high of GBX 989.50. The firm’s market capitalization is GBX 1.11 billion. The firm has a 50-day moving average of GBX 658.62 and a 200 day moving average of GBX 713.89.
The business also recently announced a dividend, which will be paid on Tuesday, February 7th. Investors of record on Thursday, January 12th will be given a GBX 6.80 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, January 12th. This represents a dividend yield of 1.01%.
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