Workspace Group (LON:WKP) Rating Reiterated by JPMorgan Chase & Co.

Workspace Group (LON:WKP – Get Free Report)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research report issued on Thursday, Marketbeat reports.

A number of other brokerages have also issued reports on WKP. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 834 ($10.90) price target on shares of Workspace Group in a research note on Wednesday, June 7th. Peel Hunt reissued a “buy” rating and set a GBX 600 ($7.85) price objective on shares of Workspace Group in a research note on Tuesday, May 16th. Finally, Numis Securities reissued a “buy” rating and set a GBX 630 ($8.24) price objective on shares of Workspace Group in a research note on Thursday, May 25th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Workspace Group presently has a consensus rating of “Buy” and a consensus price target of GBX 640.67 ($8.38).

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Workspace Group Stock Down 1.3 %

Shares of WKP stock opened at GBX 523 ($6.84) on Thursday. The stock has a 50 day moving average of GBX 492.85 and a 200 day moving average of GBX 485.37. The company has a current ratio of 1.19, a quick ratio of 0.11 and a debt-to-equity ratio of 52.78. The stock has a market cap of £1.00 billion, a P/E ratio of -2,615.00, a P/E/G ratio of 2.26 and a beta of 1.09. Workspace Group has a twelve month low of GBX 335.20 ($4.38) and a twelve month high of GBX 611.50 ($8.00).

Insider Activity

In other news, insider Graham Clemett sold 9,577 shares of the company’s stock in a transaction dated Monday, June 26th. The stock was sold at an average price of GBX 459 ($6.00), for a total value of £43,958.43 ($57,477.03). In other news, insider Graham Clemett sold 9,577 shares of the stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of GBX 459 ($6.00), for a total transaction of £43,958.43 ($57,477.03). Also, insider Duncan Owen acquired 10,600 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The stock was acquired at an average cost of GBX 473 ($6.18) per share, with a total value of £50,138 ($65,557.01). Company insiders own 28.98% of the company’s stock.

About Workspace Group

(Get Free Report)

Workspace is London's leading owner and operator of flexible work space, managing five million sq. ft. of sustainable space with 76 core 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.

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