Workspace Group plc (LON:WKP) Given Consensus Recommendation of “Hold” by Brokerages

Workspace Group plc (LON:WKPGet Rating) has earned a consensus rating of “Hold” from the six research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 920 ($11.99).

A number of brokerages have recently issued reports on WKP. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 980 ($12.77) target price on shares of Workspace Group in a report on Wednesday, February 23rd. Barclays reaffirmed an “underweight” rating and set a GBX 800 ($10.42) price target on shares of Workspace Group in a report on Friday, April 1st. Berenberg Bank raised Workspace Group to a “hold” rating and raised their price target for the company from GBX 670 ($8.73) to GBX 850 ($11.08) in a report on Monday, January 10th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 1,050 ($13.68) price target on shares of Workspace Group in a report on Tuesday, April 12th.

Shares of WKP opened at GBX 714 ($9.30) on Friday. Workspace Group has a 1 year low of GBX 592.50 ($7.72) and a 1 year high of GBX 979 ($12.76). The company has a current ratio of 1.03, a quick ratio of 0.85 and a debt-to-equity ratio of 36.85. The stock has a 50 day simple moving average of GBX 702.43 and a 200-day simple moving average of GBX 789.40. The stock has a market cap of £1.29 billion and a PE ratio of -10.59.

About Workspace Group (Get Rating)

Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages some 4 million sq. ft. of business space in London. We are home to London's brightest businesses, including fast growing and established brands across a wide range of sectors. Workspace is geared towards helping businesses perform at their very best.

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Analyst Recommendations for Workspace Group (LON:WKP)

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