Workspace Group (LON:WKP) Price Target Raised to GBX 595 at Barclays

Workspace Group (LON:WKP) had its price objective raised by Barclays from GBX 550 ($6.91) to GBX 595 ($7.47) in a research report released on Friday, MarketBeat Ratings reports. The brokerage currently has an overweight rating on the stock.

Workspace Group Trading Up 2.1 %

Shares of WKP stock opened at GBX 524 ($6.58) on Friday. Workspace Group has a 12 month low of GBX 449.20 ($5.64) and a 12 month high of GBX 617 ($7.75). The company has a market cap of £1.01 billion, a PE ratio of -451.72, a price-to-earnings-growth ratio of 1.54 and a beta of 1.05. The company has a quick ratio of 0.11, a current ratio of 1.30 and a debt-to-equity ratio of 56.11. The business’s 50 day moving average is GBX 498.36 and its two-hundred day moving average is GBX 518.42.

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.