Workspace Group (LON:WKP) Earns “Hold” Rating from Jefferies Financial Group

by · The Cerbat Gem

Workspace Group (LON:WKP – Get Free Report)‘s stock had its “hold” rating reissued by analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 367 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 6.81% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Workspace Group from GBX 480 to GBX 400 and set a “hold” rating for the company in a research note on Tuesday, June 23rd. Peel Hunt reaffirmed a “hold” rating and issued a GBX 350 price objective on shares of Workspace Group in a research note on Friday, July 24th. Finally, Berenberg Bank boosted their target price on shares of Workspace Group from GBX 401 to GBX 427 and gave the stock a “buy” rating in a report on Thursday, June 18th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 409.

Get Our Latest Stock Report on Workspace Group

Workspace Group Price Performance

Shares of LON:WKP opened at GBX 343.60 on Thursday. Workspace Group has a twelve month low of GBX 312 and a twelve month high of GBX 434.38. The stock has a market capitalization of £661.94 million, a PE ratio of -5.49, a price-to-earnings-growth ratio of 1.54 and a beta of 1.09. The company has a quick ratio of 0.11, a current ratio of 0.42 and a debt-to-equity ratio of 59.71. The firm’s 50 day moving average price is GBX 362.11 and its 200-day moving average price is GBX 350.55.

Workspace Group Company Profile

(Get Free Report)

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. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential.

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