Several other equities research analysts have also weighed in on WPP. Macquarie restated an outperform rating and set a GBX 1,800 ($24.23) price target on shares of WPP in a research report on Friday, August 11th. Shore Capital restated a hold rating on shares of WPP in a research report on Monday, August 14th. Morgan Stanley dropped their price target on WPP from GBX 1,975 ($26.58) to GBX 1,930 ($25.98) and set an overweight rating on the stock in a research report on Friday, August 18th. Kepler Capital Markets restated a buy rating and set a GBX 2,100 ($28.26) price target on shares of WPP in a research report on Tuesday, August 22nd. Finally, Liberum Capital restated a buy rating and set a GBX 2,000 ($26.92) price target on shares of WPP in a research report on Wednesday, August 23rd. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 1,776.05 ($23.90).
Shares of WPP (WPP) traded up GBX 3.13 ($0.04) during mid-day trading on Wednesday, hitting GBX 1,326 ($17.85). The stock had a trading volume of 3,279,532 shares, compared to its average volume of 4,780,000. WPP has a 12-month low of GBX 1,238.45 ($16.67) and a 12-month high of GBX 1,928.07 ($25.95).
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WPP Company Profile
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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