Workspace Group Plc (LON:WKP – Get Free Report) has received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 407.50.
Several analysts recently commented on the company. Peel Hunt reiterated a “hold” rating and set a GBX 350 price target on shares of Workspace Group in a research report on Friday, July 24th. Berenberg Bank decreased their price target on shares of Workspace Group from GBX 427 to GBX 418 and set a “buy” rating on the stock in a research note on Friday, October 16th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 367 price target on shares of Workspace Group in a research note on Thursday, October 15th.
Check Out Our Latest Stock Report on Workspace Group
Workspace Group Trading Down 1.6%
Shares of WKP stock opened at GBX 348.60 on Friday. The company has a debt-to-equity ratio of 59.71, a current ratio of 0.42 and a quick ratio of 0.11. The stock has a 50 day simple moving average of GBX 354.63 and a 200-day simple moving average of GBX 361.10. The company has a market cap of £671.57 million, a price-to-earnings ratio of -5.57, a PEG ratio of 1.54 and a beta of 1.09. Workspace Group has a 1-year low of GBX 312 and a 1-year high of GBX 434.38.
Workspace Group Company Profile
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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