Workspace Group plc 16.9% potential upside indicated by JP Morgan

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.