Peel Hunt Reiterates Buy Rating for Workspace Group (LON:WKP)

Workspace Group (LON:WKP)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research note issued on Thursday, Marketbeat.com reports. They presently have a GBX 500 target price on the stock. Peel Hunt’s price objective points to a potential upside of 27.55% from the company’s current price.

Workspace Group Price Performance

WKP stock opened at GBX 392 on Thursday. The company has a fifty day moving average price of GBX 400.40 and a 200-day moving average price of GBX 410.10. The company has a market capitalization of £753.64 million, a P/E ratio of 14,000.00, a PEG ratio of 1.54 and a beta of 1.04. Workspace Group has a 52-week low of GBX 377 and a 52-week high of GBX 626. The company has a debt-to-equity ratio of 57.43, a quick ratio of 0.11 and a current ratio of 1.23.

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.