Workspace Group (LON:WKP) Stock Rating Reaffirmed as Hold by Jefferies Financial Group

Workspace Group (LON:WKP)‘s stock had its “hold” rating reiterated by Jefferies Financial Group in a research report issued on Thursday, October 15th, Digital Look reports. They currently have a GBX 367 target price on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 11.08% from the stock’s previous close.

A number of other research firms also recently weighed in on WKP. Berenberg Bank upped their price target on shares of Workspace Group from GBX 401 to GBX 427 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft cut their price objective on Workspace Group from GBX 480 to GBX 400 and set a “hold” rating for the company in a report on Tuesday, June 23rd. Finally, Peel Hunt reissued a “hold” rating and set a GBX 350 price objective on shares of Workspace Group in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 407.50.

Workspace Group Stock Down 0.5%

WKP stock traded down GBX 1.80 during midday trading on Thursday, reaching GBX 330.40. The company had a trading volume of 266,211 shares, compared to its average volume of 2,084,160. Workspace Group has a 1 year low of GBX 312 and a 1 year high of GBX 434.38. The company has a current ratio of 0.42, a quick ratio of 0.11 and a debt-to-equity ratio of 59.71. The company has a market capitalization of £636.51 million, a P/E ratio of -5.28, a PEG ratio of 1.54 and a beta of 1.09. The company has a 50 day moving average of GBX 359.92 and a two-hundred day moving average of GBX 350.48.

About Workspace Group

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential.