Workspace Group (LON:WKP) had its price objective reduced by JPMorgan Chase & Co. from GBX 1,100 ($14.37) to GBX 1,025 ($13.39) in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 20.71% from the stock’s current price.

Several other analysts have also weighed in on the company. Deutsche Bank reissued a “buy” rating and issued a GBX 1,200 ($15.68) target price on shares of Workspace Group in a report on Thursday, June 6th. Numis Securities reissued an “add” rating and issued a GBX 1,050 ($13.72) target price on shares of Workspace Group in a report on Wednesday, June 5th. Liberum Capital reissued a “buy” rating on shares of Workspace Group in a report on Wednesday, June 5th. Peel Hunt reissued a “hold” rating and issued a GBX 1,000 ($13.07) target price (down previously from GBX 1,150 ($15.03)) on shares of Workspace Group in a report on Monday, June 3rd. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 900 ($11.76) target price on shares of Workspace Group in a report on Tuesday, May 7th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Workspace Group currently has a consensus rating of “Buy” and an average target price of GBX 1,047.50 ($13.69).

Workspace Group stock opened at GBX 849.12 ($11.10) on Wednesday. The company has a current ratio of 1.62, a quick ratio of 1.10 and a debt-to-equity ratio of 27.24. The firm has a market capitalization of $1.54 billion and a price-to-earnings ratio of 9.67. Workspace Group has a fifty-two week low of GBX 778 ($10.17) and a fifty-two week high of GBX 1,170 ($15.29).

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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