Workspace Group plc (LON:WKP) has been given an average rating of “Hold” by the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 1,036 ($13.54).
A number of equities research analysts have commented on WKP shares. Deutsche Bank reaffirmed a “buy” rating on shares of Workspace Group in a research report on Tuesday, March 19th. Berenberg Bank downgraded shares of Workspace Group to a “hold” rating and cut their target price for the stock from GBX 1,250 ($16.33) to GBX 900 ($11.76) in a research report on Wednesday, February 13th. Liberum Capital reaffirmed a “buy” rating on shares of Workspace Group in a research report on Thursday, January 17th. Royal Bank of Canada started coverage on shares of Workspace Group in a research report on Thursday, March 28th. They issued a “sector performer” rating and a GBX 1,000 ($13.07) target price for the company. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Workspace Group in a research report on Monday, January 14th.
LON:WKP opened at GBX 967.85 ($12.65) on Friday. The company has a quick ratio of 1.10, a current ratio of 1.62 and a debt-to-equity ratio of 27.24. Workspace Group has a 12 month low of GBX 778 ($10.17) and a 12 month high of GBX 1,176 ($15.37). The company has a market capitalization of $1.75 billion and a price-to-earnings ratio of 11.02.
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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