Peel Hunt Reiterates Hold Rating for Workspace Group (LON:WKP)

Workspace Group (LON:WKP)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a report issued on Tuesday, June 25th, ThisIsMoney.Co.Uk reports.

WKP has been the topic of a number of other reports. Barclays cut to an “underweight” rating and set a GBX 4,400 ($57.49) price target on the stock. in a report on Tuesday, June 18th. Deutsche Bank reissued a “buy” rating and issued a GBX 6,800 ($88.85) price target on shares of in a report on Thursday, June 6th. Liberum Capital reissued a “buy” rating on shares of Aquis Exchange in a report on Wednesday, June 5th. Numis Securities reaffirmed an “add” rating and set a GBX 1,050 ($13.72) price objective on shares of in a report on Wednesday, June 5th. Finally, JPMorgan Chase & Co. initiated coverage on SEA in a report on Wednesday, June 12th. They set an “overweight” rating and a $36.00 price objective on the stock. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Workspace Group currently has an average rating of “Buy” and a consensus price target of GBX 1,018.57 ($13.31).

Shares of WKP stock traded up GBX 1 ($0.01) during trading hours on Tuesday, reaching GBX 875 ($11.43). 108,201 shares of the company traded hands, compared to its average volume of 168,295. Workspace Group has a 12-month low of GBX 778 ($10.17) and a 12-month high of GBX 1,133 ($14.80). The company has a debt-to-equity ratio of 31.44, a quick ratio of 0.44 and a current ratio of 0.86. The stock has a market cap of $1.58 billion and a P/E ratio of 11.36. The stock’s 50-day moving average price is GBX 879.15.

In other Workspace Group news, insider Angus Boag sold 14,975 shares of the company’s stock in a transaction 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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Analyst Recommendations for Workspace Group (LON:WKP)

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