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

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

Workspace Group Trading Up 2.1 %

LON:WKP traded up GBX 11 ($0.14) during trading hours on Friday, reaching GBX 524 ($6.58). 130,632 shares of the stock were exchanged, compared to its average volume of 222,658. 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 company has a market capitalization of £1.01 billion, a price-to-earnings ratio of -451.72, a PEG ratio of 1.54 and a beta of 1.05. The business has a 50-day moving average of GBX 498.36 and a two-hundred day moving average of GBX 518.42. Workspace Group has a twelve month low of GBX 449.20 ($5.64) and a twelve month high of GBX 617 ($7.75).

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.