Workspace Group (LON:WKP) Rating Reiterated by Peel Hunt – Rockland Register

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Workspace Group (LON:WKP)‘s stock had its “hold” rating reaffirmed by equities researchers at Peel Hunt in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also issued reports on WKP. Liberum Capital reiterated a “buy” rating on shares of Workspace Group in a research note on Tuesday, March 12th. Deutsche Bank reiterated a “buy” rating on shares of Workspace Group in a research note on Tuesday, March 19th. Royal Bank of Canada initiated coverage on Workspace Group in a research note on Thursday, March 28th. They issued a “sector performer” rating and a GBX 1,000 ($13.07) target price on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 900 ($11.76) target price on shares of Workspace Group in a research note on Tuesday, April 2nd. Finally, Numis Securities reiterated a “hold” rating on shares of Workspace Group in a research note on Thursday, May 30th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Workspace Group currently has an average rating of “Buy” and a consensus target price of GBX 1,044.38 ($13.65).

WKP opened at GBX 890 ($11.63) on Tuesday. The company has a 50-day moving average of GBX 908.41. Workspace Group has a 1 year low of GBX 778 ($10.17) and a 1 year high of GBX 1,133 ($14.80). The company has a debt-to-equity ratio of 27.24, a current ratio of 1.62 and a quick ratio of 1.10. The stock has a market capitalization of $1.60 billion and a price-to-earnings ratio of 10.14.

About Workspace Group

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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