Workspace Group (LON:WKP) Receives “Buy” Rating from Deutsche Bank

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Workspace Group (LON:WKP)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also recently issued reports on WKP. Peel Hunt restated a “buy” rating on shares of Lookers in a research report on Monday, July 8th. Numis Securities restated an “add” rating and set a GBX 1,050 ($13.72) target price on shares of in a research report on Wednesday, June 5th. JPMorgan Chase & Co. assumed coverage on shares of SEA in a research report on Wednesday, June 12th. They set an “overweight” rating and a $36.00 target price for the company. Berenberg Bank cut their target price on shares of Intu Properties from GBX 130 ($1.70) to GBX 100 ($1.31) and set a “hold” rating for the company in a research report on Tuesday, May 7th. Finally, Liberum Capital lifted their target price on shares of Moneysupermarket.Com Group from GBX 520 ($6.79) and gave the stock a “buy” rating in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,018.57 ($13.31).

Shares of WKP opened at GBX 899 ($11.75) on Friday. The company has a current ratio of 0.86, a quick ratio of 0.44 and a debt-to-equity ratio of 31.44. The firm has a market capitalization of $1.62 billion and a PE ratio of 11.68. The business’s 50-day simple moving average is GBX 879.93. Workspace Group has a 12-month low of GBX 778 ($10.17) and a 12-month high of GBX 1,133 ($14.80).

In other Workspace Group news, insider Angus Boag sold 14,975 shares of Workspace Group stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of GBX 889 ($11.62), for a total transaction of £133,127.75 ($173,954.98).

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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Analyst Recommendations for Workspace Group (LON:WKP)

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