Peel Hunt Boosts Workspace Group plc (WKP) Price Target to GBX 1,050
Workspace Group plc (LON:WKP) had its price target boosted by Peel Hunt from GBX 950 ($12.50) to GBX 1,050 ($13.81) in a research note published on Wednesday. The firm currently has a buy rating on the stock.
Other analysts have also recently issued research reports about the company. Numis Securities Ltd reiterated an add rating and set a GBX 1,012 ($13.31) price objective on shares of Workspace Group plc in a research report on Thursday, October 19th. Liberum Capital restated a buy rating and issued a GBX 1,050 ($13.81) price target on shares of Workspace Group plc in a research report on Wednesday. Finally, Berenberg Bank began coverage on Workspace Group plc in a research report on Thursday, July 27th. They issued a buy rating and a GBX 1,050 ($13.81) price target for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Workspace Group plc currently has an average rating of Hold and an average target price of GBX 959 ($12.61).
Workspace Group plc (LON WKP) traded down GBX 7.50 ($0.10) during trading on Wednesday, reaching GBX 925 ($12.17). The company had a trading volume of 140,901 shares, compared to its average volume of 185,373. Workspace Group plc has a 12 month low of GBX 655.50 ($8.62) and a 12 month high of GBX 972 ($12.78).
Workspace Group plc (LON:WKP) last posted its quarterly earnings data on Wednesday, November 8th. The company reported GBX 17.90 ($0.24) EPS for the quarter, beating analysts’ consensus estimates of GBX 17.60 ($0.23) by GBX 0.30 ($0.00). The company had revenue of GBX 6,150 million during the quarter. Workspace Group plc had a return on equity of 10.53% and a net margin of 147.29%.
The business also recently declared a dividend, which will be paid on Tuesday, February 6th. Shareholders of record on Thursday, January 11th will be given a GBX 8.84 ($0.12) dividend. This represents a yield of 0.96%. The ex-dividend date of this dividend is Thursday, January 11th.
Workspace Group plc Company Profile
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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