Workspace Group (LON:WKP) Given “Buy” Rating at Liberum Capital

Liberum Capital reiterated their buy rating on shares of Workspace Group (LON:WKP) in a report released on Friday, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. boosted their price target on shares of Workspace Group from GBX 1,025 ($13.39) to GBX 1,160 ($15.16) and gave the company an overweight rating in a research report on Monday, December 2nd. Deutsche Bank reaffirmed a buy rating on shares of Workspace Group in a report on Thursday, November 14th. Royal Bank of Canada increased their price objective on Workspace Group from GBX 1,050 ($13.72) to GBX 1,200 ($15.68) and gave the stock a sector performer rating in a research report on Tuesday, November 19th. Berenberg Bank lowered Workspace Group to a sell rating and lifted their price objective for the company from GBX 925 ($12.09) to GBX 950 ($12.41) in a research note on Friday, November 15th. Finally, Barclays restated an overweight rating on shares of Workspace Group in a research report on Monday, November 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Workspace Group presently has a consensus rating of Hold and a consensus price target of GBX 1,110.63 ($14.51).

LON WKP traded up GBX 33 ($0.43) on Friday, hitting GBX 1,164 ($15.21). The stock had a trading volume of 220,652 shares, compared to its average volume of 168,295. Workspace Group has a 52-week low of GBX 778 ($10.17) and a 52-week high of GBX 1,127 ($14.73). The company has a debt-to-equity ratio of 31.51, a quick ratio of 0.34 and a current ratio of 1.17. The company has a market capitalization of $2.10 billion and a price-to-earnings ratio of 15.69. The firm has a 50-day moving average of GBX 1,059.86 and a 200-day moving average of GBX 931.30.

The business also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Thursday, January 9th will be paid a GBX 11.67 ($0.15) dividend. This represents a yield of 1.07%. The ex-dividend date is Thursday, January 9th. Workspace Group’s dividend payout ratio is currently 0.46%.

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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