Analysts Set Workspace Group plc (WKP) Target Price at $1,046.00

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Workspace Group plc (LON:WKP) has been assigned an average recommendation of “Hold” from the nine ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 1,032.50 ($13.49).

A number of analysts recently commented on WKP shares. Liberum Capital reiterated a “buy” rating on shares of Workspace Group in a research report on Friday, September 14th. Peel Hunt restated a “hold” rating on shares of Workspace Group in a research report on Wednesday, November 14th. JPMorgan Chase & Co. reduced their price target on Workspace Group from GBX 1,250 ($16.33) to GBX 1,200 ($15.68) and set an “overweight” rating for the company in a research report on Friday, November 23rd. Deutsche Bank reduced their price target on Workspace Group from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) and set a “hold” rating for the company in a research report on Monday, November 26th. Finally, Barclays restated an “overweight” rating and issued a GBX 980 ($12.81) price target on shares of Workspace Group in a research report on Tuesday, December 11th.

Workspace Group stock traded up GBX 17.50 ($0.23) during mid-day trading on Friday, reaching GBX 862 ($11.26). 294,467 shares of the stock traded hands, compared to its average volume of 168,295. Workspace Group has a 12-month low of GBX 748 ($9.77) and a 12-month high of GBX 1,040.50 ($13.60).

Workspace Group (LON:WKP) last posted its quarterly earnings data on Wednesday, November 14th. The company reported GBX 20.20 ($0.26) EPS for the quarter, beating analysts’ consensus estimates of GBX 20 ($0.26) by GBX 0.20 ($0.00).

The business also recently declared a dividend, which will be paid on Wednesday, February 6th. Shareholders of record on Thursday, January 10th will be given a GBX 10.61 ($0.14) dividend. This represents a yield of 1.09%. The ex-dividend date is Thursday, January 10th.

About Workspace Group

Workspace is focused on helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all ? we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations. Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.8 million sq.

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Analyst Recommendations for Workspace Group (LON:WKP)

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