Trade Report: Today, Workspace Group Plc (WKP) Earns Buy Rating from Liberum Capital

Today, Workspace Group Plc (WKP) Earns Buy Rating from Liberum Capital

Workspace Group Plc (LON:WKP)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a research note issued to investors on Friday. They presently have a GBX 850 ($11.10) price target on the stock. Liberum Capital’s price target suggests a potential upside of 24.36% from the stock’s previous close.

WKP has been the subject of several other reports. Deutsche Bank AG cut their price target on Workspace Group Plc from GBX 1,150 ($15.01) to GBX 1,075 ($14.03) and set a “buy” rating for the company in a report on Friday, June 24th. JPMorgan Chase & Co. lowered their price objective on shares of Workspace Group Plc from GBX 1,050 ($13.71) to GBX 950 ($12.40) and set an “overweight” rating for the company in a research note on Tuesday, September 6th. Numis Securities Ltd lowered their price objective on shares of Workspace Group Plc from GBX 861 ($11.24) to GBX 743 ($9.70) and set a “hold” rating for the company in a research note on Tuesday, August 16th. Peel Hunt reissued a “buy” rating and set a GBX 850 ($11.10) price objective on shares of Workspace Group Plc in a research note on Monday, September 19th. Finally, Jefferies Group lowered their price objective on shares of Workspace Group Plc from GBX 765 ($9.99) to GBX 665 ($8.68) and set a “hold” rating for the company in a research note on Friday, August 19th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 890.20 ($11.62).

Shares of Workspace Group Plc (LON:WKP) opened at 679.85 on Friday. The firm has a 50-day moving average price of GBX 694.56 and a 200-day moving average price of GBX 748.79. 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 1.10 billion.

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