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

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

Workspace Group Stock Up 2.1 %

Shares of WKP stock opened at GBX 524 ($6.58) on Friday. The company has a market capitalization of £1.01 billion, a price-to-earnings ratio of -451.72, a P/E/G ratio of 1.54 and a beta of 1.05. Workspace Group has a 12-month low of GBX 449.20 ($5.64) and a 12-month high of GBX 617 ($7.75). The firm has a fifty day moving average of GBX 498.36 and a 200-day moving average of GBX 519.03. The company has a quick ratio of 0.11, a current ratio of 1.30 and a debt-to-equity ratio of 56.11.

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.