Workspace Group plc 22.0% potential upside indicated by RBC Capital Markets

Broker Ratings

Workspace Group plc with ticker (LON:WKP) now has a potential upside of 22.0% according to RBC Capital Markets.

RBC Capital Markets set a target price of 1,050 GBX for the company, which when compared to the Workspace Group plc share price of 819 GBX at opening today (25/11/2021) indicates a potential upside of 22.0%. Trading has ranged between 683 (52 week low) and 979 (52 week high) with an average of 212,882 shares exchanging hands daily. The market capitalisation at the time of writing is £1,525,966,330.

Workspace Group PLC is a real estate investment trust (REIT). The Company is engaged in property investment. The Company provides commercial property to let throughout London. The Company owns and manages over 65 properties all across London and is home to approximately 4,000 new and growing companies. The Company’s portfolio includes various properties, such as Metal Box Factory, The Pill Box, Screenworks, The Light Bulb, The Biscuit Factory, Alexandra House, Archer Street Studios, Barley Mow Centre, Canalot Studios, Chiswick Studios, Clerkenwell Workshops, East London Works, Faircharm, Garratt Lane, The Record Hall, Holywell Centre, Kennington Park, Leroy House, Mallard Place, Morie Street, Quality Court, Riverside, Southbank House, The Print Rooms and Vox Studios. The Company’s subsidiaries include Workspace Management Limited, which is engaged in property management, and Workspace 13 Limited and Workspace 14 Limited, which are engaged in property investment.

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