Workspace Group (LON:WKP) Earns Hold Rating from Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Workspace Group (LON:WKP) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

WKP has been the subject of several other research reports. Royal Bank of Canada increased their target price on Workspace Group from GBX 1,200 ($15.79) to GBX 1,250 ($16.44) and gave the stock a sector performer rating in a research report on Monday, December 16th. Jefferies Financial Group increased their target price on Workspace Group from GBX 755 ($9.93) to GBX 900 ($11.84) and gave the stock an underperform rating in a research report on Friday, January 17th. Deutsche Bank reiterated a buy rating on shares of Workspace Group in a research report on Thursday, November 14th. Bank of America increased their target price on Workspace Group from GBX 1,190 ($15.65) to GBX 1,300 ($17.10) and gave the stock a buy rating in a research report on Wednesday, January 15th. Finally, Numis Securities reiterated an add rating on shares of Workspace Group in a research report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Workspace Group has a consensus rating of Hold and an average target price of GBX 1,132 ($14.89).

LON:WKP opened at GBX 1,290.09 ($16.97) on Monday. The company has a current ratio of 1.17, a quick ratio of 0.34 and a debt-to-equity ratio of 31.51. Workspace Group has a 12-month low of GBX 796.88 ($10.48) and a 12-month high of GBX 1,283 ($16.88). The stock has a 50-day moving average price of GBX 1,201.68 and a 200 day moving average price of GBX 1,037.73. The stock has a market capitalization of $2.30 billion and a P/E ratio of 17.39.

In related news, insider Graham Clemett sold 20,000 shares of the stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of GBX 1,219 ($16.04), for a total transaction of £243,800 ($320,705.08).

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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Analyst Recommendations for Workspace Group (LON:WKP)

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