Wpp Plc (LON:WPP)‘s stock had its “outperform” rating restated by Credit Suisse Group in a research report issued on Thursday, July 13th. They currently have a GBX 1,920 ($25.00) price target on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 20.68% from the company’s current price.
Several other equities analysts have also recently commented on WPP. UBS AG started coverage on shares of Wpp Plc in a research report on Tuesday, June 13th. They set a “buy” rating and a GBX 2,050 ($26.70) price target on the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,000 ($26.05) price target on shares of Wpp Plc in a research report on Monday, April 3rd. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 2,000 ($26.05) price target on shares of Wpp Plc in a research report on Friday, April 7th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Wpp Plc in a research report on Thursday, June 8th. Finally, Morgan Stanley raised shares of Wpp Plc to an “overweight” rating and increased their price target for the stock from GBX 1,900 ($24.74) to GBX 1,975 ($25.72) in a research report on Thursday, March 30th. Seven research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 1,939.29 ($25.25).
Shares of Wpp Plc (WPP) opened at 1591.00 on Thursday. The stock’s market capitalization is GBX 20.16 billion. The firm has a 50-day moving average price of GBX 1,593.80 and a 200-day moving average price of GBX 1,711.49. Wpp Plc has a 1-year low of GBX 1,531.00 and a 1-year high of GBX 1,928.07.
In other news, insider Roberto Quarta acquired 10,000 shares of the stock in a transaction on Wednesday, May 17th. The shares were purchased at an average cost of GBX 1,729 ($22.52) per share, for a total transaction of £172,900 ($225,159.53).
About Wpp Plc
WPP plc provides various communications services worldwide. The company operates through four segments: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.
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