Workspace Group plc with ticker (LON:WKP) now has a potential upside of 16.9% according to JP Morgan.
WKP.L
JP Morgan set a target price of 700 GBX for the company, which when compared to the Workspace Group plc share price of 599 GBX at opening today (01/07/2024) indicates a potential upside of 16.9%. Trading has ranged between 449 (52 week low) and 617 (52 week high) with an average of 267,131 shares exchanging hands daily. The market capitalisation at the time of writing is £1,131,644,544.
Workspace Group PLC is a real estate investment trust (REIT). The Company is an owner and operator of sustainable and flexible workspace. It owns and manages approximately five million sq. ft. of business space across 76 properties in London and the Southeast. It offers different types of office spaces, such as offices, studios, light industrial, workshops, event space, space calculator and short-term office space. Its property portfolio includes 160 Fleet Street, 20-30 Greyfriars Road, 338 Goswell Road, 60 Grays Inn Road, 66 Wilson Street, 9 Greyfriars Road, Ancells Road, Archer Street Studios, Barley Mow Centre, Brickfields, Busworks, Canalot Studios, Cannon Wharf, Cargo Works, Castle Lane, China Works, Chiswick Studios, Clerkenwell Workshops, Corinthian House, Crown Square, Cygnet House, E1 Studios, East London Works, Edinburgh House, Evergreen Studios, Five Acre Site, Fuel Tank, Gainsborough House, Garratt Lane, Grand Union Studios, Havelock Terrace, and Kennington Park.
Workspace Group plc 16.9% potential upside indicated by JP Morgan
- Written by: Charlotte Edwards
Latest Company News
Workspace Group has completed the sale of three properties for £41.7m, matching the September 2025 valuation.
Workspace Group PLC has agreed a 20-year, 32,000 sq. ft. lease with Qube at The Old Dairy in Shoreditch and made a £3 million strategic investment for a minority equity stake.
Workspace Group reported solid strategic progress in the second quarter to 30 September 2025. The company completed 326 new lettings worth £7.3 million annually and delivered £2 million in annualised efficiencies through cost streamlining.
Workspace Group has agreed a five-year lease with Wild Cosmetics, which will take over Workspace’s current head office at Kennington Park as the company relocates its HQ to The Centro Buildings in Camden. Wild, a customer since 2019, will nearly double its space to 14,000 sq. ft., with the move scheduled for October.
Workspace Group has announced that Chief Financial Officer Dave Benson will leave his role and Board position in 2026. Chairman Duncan Owen will lead the search for his successor through a formal selection process, with further details on Benson’s departure to follow.
Workspace Group PLC shares insights on its financial outlook for FY 2026, addressing challenges while outlining strategic plans for recovery and growth.
