Deutsche Bank restated their buy rating on shares of Workspace Group (LON:WKP) in a report issued on Friday, ThisIsMoney.Co.Uk reports.
Several other equities analysts have also commented on the company. Berenberg Bank cut their target price on Intu Properties from GBX 130 ($1.70) to GBX 100 ($1.31) and set a hold rating on the stock in a research report on Tuesday, May 7th. Liberum Capital upped their target price on Moneysupermarket.Com Group from GBX 520 ($6.79) and gave the company a buy rating in a research report on Thursday. JPMorgan Chase & Co. started coverage on SEA in a research report on Wednesday, June 12th. They issued an overweight rating and a $36.00 target price on the stock. Numis Securities reaffirmed an add rating and issued a GBX 1,050 ($13.72) target price on shares of in a research report on Wednesday, June 5th. Finally, Peel Hunt reaffirmed a buy rating on shares of Lookers in a research report on Monday, July 8th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 1,018.57 ($13.31).
Workspace Group stock opened at GBX 899 ($11.75) on Friday. The business’s 50 day moving average is GBX 879.93. The firm has a market cap of $1.62 billion and a price-to-earnings ratio of 11.68. The company has a quick ratio of 0.44, a current ratio of 0.86 and a debt-to-equity ratio of 31.44. Workspace Group has a one year low of GBX 778 ($10.17) and a one year high of GBX 1,133 ($14.80).
The firm also recently announced a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, July 4th will be given a GBX 22.26 ($0.29) dividend. This represents a dividend yield of 2.51%. This is a positive change from Workspace Group’s previous dividend of $10.61. The ex-dividend date is Thursday, July 4th. Workspace Group’s dividend payout ratio is presently 0.43%.
In other news, insider Angus Boag sold 14,975 shares of the business’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of GBX 889 ($11.62), for a total value of £133,127.75 ($173,954.98).
Workspace Group Company Profile
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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