Workspace Group Plc (WKP) Rating Reiterated by Liberum Capital
A number of other analysts have also commented on the company. Deutsche Bank AG lowered Workspace Group Plc to a hold rating and dropped their price target for the stock from GBX 1,075 ($14.03) to GBX 660 ($8.62) in a report on Tuesday, September 13th. JPMorgan Chase & Co. dropped their price target on Workspace Group Plc from GBX 1,050 ($13.71) to GBX 950 ($12.40) and set an overweight rating on the stock in a report on Tuesday, September 6th. Jefferies Group dropped their price target on Workspace Group Plc from GBX 765 ($9.99) to GBX 665 ($8.68) and set a hold rating on the stock in a report on Friday, August 19th. Numis Securities Ltd lowered their target price on Workspace Group Plc from GBX 861 ($11.24) to GBX 743 ($9.70) and set a hold rating on the stock in a research note on Tuesday, August 16th. Finally, Peel Hunt restated a buy rating and issued a GBX 900 ($11.75) target price on shares of Workspace Group Plc in a research note on Tuesday, June 14th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Workspace Group Plc presently has an average rating of Buy and a consensus target price of GBX 910.20 ($11.88).
Shares of Workspace Group Plc (LON:WKP) opened at 704.00 on Monday. Workspace Group Plc has a 1-year low of GBX 569.00 and a 1-year high of GBX 989.50. The firm’s market capitalization is GBX 1.14 billion. The company has a 50-day moving average price of GBX 688.15 and a 200 day moving average price of GBX 751.34.
In related news, insider Hubbard,Stephen acquired 7,140 shares of the firm’s stock in a transaction that occurred on Monday, July 18th. The shares were bought at an average cost of GBX 692 ($9.03) per share, for a total transaction of £49,408.80 ($64,493.93).
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