Workspace Group (LON:WKP) Receives Buy Rating from Liberum Capital

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Workspace Group (LON:WKP)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

WKP has been the subject of several other reports. Berenberg Bank downgraded Workspace Group to a “sell” rating and increased their price objective for the company from GBX 925 ($12.09) to GBX 950 ($12.41) in a research note on Friday, November 15th. Peel Hunt lifted their target price on shares of Workspace Group from GBX 925 ($12.09) to GBX 1,100 ($14.37) and gave the stock a “hold” rating in a research note on Wednesday, November 13th. Barclays reaffirmed an “overweight” rating on shares of Workspace Group in a report on Monday, November 25th. Royal Bank of Canada increased their target price on shares of Workspace Group from GBX 1,050 ($13.72) to GBX 1,200 ($15.68) and gave the company a “sector performer” rating in a research report on Tuesday, November 19th. Finally, Deutsche Bank reiterated a “buy” rating on shares of Workspace Group in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Workspace Group has a consensus rating of “Hold” and an average target price of GBX 1,110.63 ($14.51).

Shares of LON:WKP opened at GBX 1,140 ($14.90) on Friday. The company has a debt-to-equity ratio of 31.51, a current ratio of 1.17 and a quick ratio of 0.34. Workspace Group has a 1 year low of GBX 778 ($10.17) and a 1 year high of GBX 1,127 ($14.73). The firm has a market capitalization of $2.04 billion and a PE ratio of 15.36. The business’s 50 day moving average price is GBX 1,056.80 and its 200-day moving average price is GBX 930.29.

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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