Deutsche Bank Reiterates “Buy” Rating for Workspace Group (LON:WKP)

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Workspace Group (LON:WKP)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently issued reports on WKP. Liberum Capital reissued a “buy” rating on shares of Workspace Group in a research report on Tuesday, March 12th. Royal Bank of Canada initiated coverage on Workspace Group in a research report on Thursday, March 28th. They set a “sector performer” rating and a GBX 1,000 ($13.07) price objective for the company. Peel Hunt reissued a “hold” rating on shares of Workspace Group in a research report on Tuesday, April 2nd. Berenberg Bank reissued a “hold” rating and set a GBX 900 ($11.76) price objective on shares of Workspace Group in a research report on Tuesday, April 2nd. Finally, Numis Securities reissued a “hold” rating on shares of Workspace Group in a research report on Thursday, May 30th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Workspace Group has an average rating of “Buy” and an average price target of GBX 1,044.38 ($13.65).

WKP opened at GBX 876 ($11.45) on Tuesday. The firm has a market capitalization of $1.58 billion and a PE ratio of 9.98. Workspace Group has a 1 year low of GBX 778 ($10.17) and a 1 year high of GBX 1,133 ($14.80). The company has a current ratio of 1.62, a quick ratio of 1.10 and a debt-to-equity ratio of 27.24. The company’s fifty day moving average price is GBX 904.90.

In other Workspace Group news, insider Angus Boag sold 14,975 shares of the business’s stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of GBX 889 ($11.62), for a total value of £133,127.75 ($173,954.98).

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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