Workspace Group (LON:WKP)‘s stock had its “underperform” rating reiterated by analysts at Jefferies Group in a research note issued on Thursday, January 18th. They presently have a GBX 750 ($10.52) price target on the stock. Jefferies Group’s price objective points to a potential downside of 20.00% from the stock’s previous close.
WKP has been the topic of a number of other reports. Numis Securities reaffirmed an “add” rating and issued a GBX 1,012 ($14.19) price target on shares of Workspace Group in a research note on Thursday, October 19th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,050 ($14.72) price target on shares of Workspace Group in a research note on Wednesday, November 8th. Peel Hunt lifted their price target on Workspace Group from GBX 950 ($13.32) to GBX 1,050 ($14.72) and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Berenberg Bank lifted their price target on Workspace Group from GBX 1,050 ($14.72) to GBX 1,080 ($15.14) and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,080 ($15.14) price target on shares of Workspace Group in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,012.63 ($14.20).
Shares of Workspace Group (WKP) opened at GBX 947.50 ($13.29) on Thursday. The firm has a market capitalization of $1,520.00 and a P/E ratio of 764.11. Workspace Group has a 1 year low of GBX 748 ($10.49) and a 1 year high of GBX 1,040.50 ($14.59).
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About Workspace Group
Workspace Group PLC is a real estate investment trust (REIT). The Company is engaged in property investment. The Company provides commercial property to let throughout London. The Company owns and manages over 65 properties all across London and is home to approximately 4,000 new and growing companies.
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