Liberum Capital restated their buy rating on shares of Workspace Group (LON:WKP) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also recently weighed in on WKP. Royal Bank of Canada increased their target price on shares of from GBX 2,400 ($31.36) to GBX 2,800 ($36.59) and gave the stock an outperform rating in a report on Monday, June 24th. Barclays cut shares of to an underweight rating and set a GBX 4,400 ($57.49) target price on the stock. in a report on Tuesday, June 18th. Numis Securities reissued an add rating and set a GBX 1,050 ($13.72) target price on shares of in a report on Wednesday, June 5th. Berenberg Bank dropped their target price on shares of Intu Properties from GBX 130 ($1.70) to GBX 100 ($1.31) and set a hold rating on the stock in a report on Tuesday, May 7th. Finally, Deutsche Bank reissued a hold rating and set a GBX 350 ($4.57) target price on shares of in a report on Friday, July 5th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 1,018.57 ($13.31).
Shares of LON:WKP opened at GBX 899 ($11.75) on Thursday. The firm has a market capitalization of $1.62 billion and a PE ratio of 11.68. Workspace Group has a 1-year low of GBX 778 ($10.17) and a 1-year high of GBX 1,133 ($14.80). The business’s fifty day simple moving average is GBX 879.93. The company has a quick ratio of 0.44, a current ratio of 0.86 and a debt-to-equity ratio of 31.44.
The company also recently disclosed a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, July 4th will be issued a GBX 22.26 ($0.29) dividend. This represents a dividend yield of 2.51%. The ex-dividend date is Thursday, July 4th. This is a boost from Workspace Group’s previous dividend of $10.61. Workspace Group’s dividend payout ratio (DPR) is 0.43%.
In related news, insider Angus Boag sold 14,975 shares of the stock in a transaction dated Tuesday, June 25th. The shares were 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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