Workspace Group plc (WKP) PT Raised to GBX 1,050 at Peel Hunt
Workspace Group plc (LON:WKP) had its price target increased by investment analysts at Peel Hunt from GBX 950 ($12.50) to GBX 1,050 ($13.81) in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price target would indicate a potential upside of 13.19% from the stock’s current price.
WKP has been the topic of several other research reports. Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,012 ($13.31) price objective on shares of Workspace Group plc in a research note on Thursday, October 19th. Berenberg Bank began coverage on shares of Workspace Group plc in a report on Thursday, July 27th. They issued a “buy” rating and a GBX 1,050 ($13.81) target price for the company. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 1,050 ($13.81) target price on shares of Workspace Group plc in a report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Workspace Group plc currently has a consensus rating of “Hold” and a consensus price target of GBX 959 ($12.61).
Workspace Group plc (LON WKP) opened at GBX 927.61 ($12.20) on Wednesday. Workspace Group plc has a one year low of GBX 629.50 ($8.28) and a one year high of GBX 959 ($12.61).
Workspace Group plc (LON:WKP) last issued its quarterly earnings data on Wednesday, November 8th. The company reported GBX 17.90 ($0.24) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 17.60 ($0.23) by GBX 0.30 ($0.00). Workspace Group plc had a net margin of 147.29% and a return on equity of 10.53%. The firm had revenue of GBX 6,150 million for the quarter.
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About Workspace Group plc
Workspace Group PLC is a real estate investment trust (REIT). The Company is engaged in property investment. The Company provides commercial property to let throughout London. The Company owns and manages over 65 properties all across London and is home to approximately 4,000 new and growing companies.
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