Liberum Capital reaffirmed their buy rating on shares of Workspace Group (LON:WKP) in a research report sent to investors on Thursday morning, Stock Target Advisor reports.
WKP has been the topic of a number of other research reports. Royal Bank of Canada raised their target price on Workspace Group from GBX 1,200 ($15.79) to GBX 1,250 ($16.44) and gave the stock a sector performer rating in a report on Monday, December 16th. Barclays reiterated an overweight rating on shares of Workspace Group in a report on Monday, November 25th. Deutsche Bank reiterated a buy rating on shares of Workspace Group in a report on Thursday, November 14th. JPMorgan Chase & Co. lifted their price objective on Workspace Group from GBX 1,025 ($13.48) to GBX 1,160 ($15.26) and gave the company an overweight rating in a report on Monday, December 2nd. Finally, Bank of America lifted their price objective on Workspace Group from GBX 1,190 ($15.65) to GBX 1,300 ($17.10) and gave the company a buy rating in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 1,119.50 ($14.73).
Shares of WKP opened at GBX 1,171 ($15.40) on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.34 and a debt-to-equity ratio of 31.51. Workspace Group has a 1 year low of GBX 796.88 ($10.48) and a 1 year high of GBX 1,239 ($16.30). The stock has a market cap of $2.12 billion and a P/E ratio of 15.78. The stock’s 50-day moving average price is GBX 1,162.50 and its two-hundred day moving average price is GBX 991.50.
The firm also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Thursday, January 9th will be issued a dividend of GBX 11.67 ($0.15) per share. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, January 9th. Workspace Group’s dividend payout ratio (DPR) is presently 0.46%.
Workspace Group Company Profile
Workspace is focused on helping businesses perform at their very best. The Workspace Advantage is our unique customer offer and is open to all – we provide inspiring, flexible work spaces with super-fast technology in dynamic London locations. Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages 3.8 million sq.
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