The Workspace Group Plc (WKP) Stock Rating Reaffirmed by GMP Securities

The Workspace Group Plc (WKP) Stock Rating Reaffirmed by GMP Securities

Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating reiterated by equities researchers at GMP Securities in a research report issued on Tuesday, StockTargetPrices.com reports.

Several other equities analysts have also commented on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 850 ($10.52) price target on shares of Workspace Group Plc in a research note on Monday, September 19th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 660 ($8.17) price target on shares of Workspace Group Plc in a research note on Tuesday, October 4th. Liberum Capital reissued a “buy” rating and set a GBX 850 ($10.52) target price on shares of Workspace Group Plc in a research note on Friday, October 7th. JPMorgan Chase & Co. decreased their target price on Workspace Group Plc from GBX 1,050 ($13.00) to GBX 950 ($11.76) and set an “overweight” rating on the stock in a research note on Tuesday, September 6th. Finally, Numis Securities Ltd decreased their target price on Workspace Group Plc from GBX 861 ($10.66) to GBX 743 ($9.20) and set a “hold” rating on the stock in a research note on Tuesday, August 16th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 890.20 ($11.02).

Shares of Workspace Group Plc (LON:WKP) opened at 649.50 on Tuesday. The firm’s market cap is GBX 1.05 billion. Workspace Group Plc has a one year low of GBX 569.00 and a one year high of GBX 989.50. The firm has a 50-day moving average price of GBX 694.53 and a 200 day moving average price of GBX 745.17.

In other Workspace Group Plc news, insider Hubbard,Stephen acquired 7,140 shares of the company’s stock in a transaction dated Monday, July 18th. The shares were acquired at an average price of GBX 692 ($8.56) per share, for a total transaction of £49,408.80 ($61,149.50).

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