Workspace Group (LON:WKP) Given Hold Rating at Jefferies Financial Group

Workspace Group (LON:WKP)‘s stock had its “hold” rating reaffirmed by Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They presently have a GBX 367 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 5.58% from the stock’s current price.

WKP has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft decreased their target price on Workspace Group from GBX 480 to GBX 400 and set a “hold” rating on the stock in a research report on Tuesday, June 23rd. Peel Hunt reissued a “hold” rating and set a GBX 350 price target on shares of Workspace Group in a report on Friday, July 24th. Finally, Berenberg Bank boosted their price target on Workspace Group from GBX 401 to GBX 427 and gave the company a “buy” rating in a research note on Thursday, June 18th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 409.

Workspace Group Stock Down 5.1%

Workspace Group stock opened at GBX 347.60 on Thursday. The company’s 50-day moving average price is GBX 362.11 and its two-hundred day moving average price is GBX 350.55. The company has a quick ratio of 0.11, a current ratio of 0.42 and a debt-to-equity ratio of 59.71. The stock has a market cap of £669.65 million, a P/E ratio of -5.55, a P/E/G ratio of 1.54 and a beta of 1.09. Workspace Group has a twelve month low of GBX 312 and a twelve month high of GBX 434.38.

About Workspace Group

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential.