Workspace Group (LON:WKP) PT Lowered to GBX 1,025 at JPMorgan Chase & Co.
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 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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