Workspace Group (LON:WKP) PT Raised to GBX 595 at Barclays

Workspace Group (LON:WKP) had its price objective raised by Barclays from GBX 550 ($6.91) to GBX 595 ($7.47) in a research note issued to investors on Friday, Marketbeat reports. They currently have an overweight rating on the stock.

Workspace Group Stock Up 2.1 %

Shares of WKP stock opened at GBX 524 ($6.58) on Friday. Workspace Group has a 52-week low of GBX 449.20 ($5.64) and a 52-week high of GBX 617 ($7.75). The stock has a market cap of £1.01 billion, a price-to-earnings ratio of -451.72, a PEG ratio of 1.54 and a beta of 1.05. The firm’s 50-day moving average is GBX 498.36 and its 200-day moving average is GBX 519.03. The company has a debt-to-equity ratio of 56.11, a quick ratio of 0.11 and a current ratio of 1.30.

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.