On Friday Liberum Capital reiterated its target price on Workspace Group Plc (LON:WKP) shares issuing the company with a ‘Buy’ rating.

Liberum Capital gave the share price of Workspace Group Plc a price target of 850 meaning the broker expects a potential upside of 6.85% from Workspace Group Plc’s current market price of 795.5.

Workspace Group Plc has 163,073,000 shares outstanding at the moment which are trading around 795.5 bringing Workspace Group Plc’s market capitalisation to 1.30B GBP.

Workspace Group Plc Twelve Month Chart

Over the last twelve months shares in Workspace Group Plc have increased by 14.06% from 697.41 to 795.5 .

The 52 week high of Workspace Group Plc’s shares is 878 whilst the 52 week low for shares in the company is 569. The 50 day moving average of LON:WKP is 768.85 and the 200 day moving average is 710.75.

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.