Could WORKSPACE GROUP PLC ORD GBP1 Recover After Today’s Huge Decline?

 Could WORKSPACE GROUP PLC ORD GBP1 Recover After Today's Huge Decline?

The stock of WORKSPACE GROUP PLC ORD GBP1 (LON:WKP) is a huge mover today! The stock increased 0.97% or GBX 6.42 on November 22, hitting GBX 669.92. About 209,360 shares traded hands. WORKSPACE GROUP PLC ORD GBP1 (LON:WKP) has declined 18.79% since April 25, 2016 and is downtrending. It has underperformed by 23.34% the S&P500.
The move comes after 5 months negative chart setup for the GBX company. It was reported on Nov, 22 by Barchart.com. We have GBX 609.63 PT which if reached, will make LON:WKP worth GBX less.

WORKSPACE GROUP PLC ORD GBP1 (LON:WKP) Ratings Coverage

Out of 10 analysts covering Workspace Group (LON:WKP), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. Workspace Group has been the topic of 76 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank with “Buy” on Monday, January 25. Peel Hunt maintained the shares of WKP in a report on Friday, November 6 with “Buy” rating. The stock has “Hold” rating given by Numis Securities on Thursday, March 24. The stock of WORKSPACE GROUP PLC ORD GBP1 (LON:WKP) has “Hold” rating given on Thursday, November 10 by Deutsche Bank. The company was maintained on Friday, June 17 by Numis Securities. The company was maintained on Friday, November 6 by Liberum Capital. Numis Securities maintained WORKSPACE GROUP PLC ORD GBP1 (LON:WKP) on Wednesday, June 8 with “Hold” rating. Deutsche Bank maintained the shares of WKP in a report on Wednesday, October 21 with “Buy” rating. Liberum Capital maintained the stock with “Buy” rating in Friday, October 7 report. Deutsche Bank maintained WORKSPACE GROUP PLC ORD GBP1 (LON:WKP) rating on Monday, October 12. Deutsche Bank has “Buy” rating and GBX 1150 price target.

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