UBS Reiterates GBX 1,840 Price Target for WPP (WPP)

UBS set a GBX 1,840 ($24.76) price objective on WPP (LON:WPP) in a report released on Monday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

WPP has been the subject of several other reports. Shore Capital restated a buy rating on shares of WPP in a research report on Monday, October 23rd. Goldman Sachs Group restated a buy rating on shares of WPP in a research report on Wednesday, September 13th. Liberum Capital restated a buy rating and issued a GBX 1,865 ($25.10) target price on shares of WPP in a research report on Monday, October 2nd. Deutsche Bank restated a hold rating and issued a GBX 1,750 ($23.55) target price on shares of WPP in a research report on Wednesday, October 25th. Finally, J P Morgan Chase & Co boosted their target price on shares of WPP from GBX 1,750 ($23.55) to GBX 1,758 ($23.66) and gave the company an overweight rating in a research report on Thursday, December 7th. Five equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of GBX 1,765.55 ($23.76).

Shares of WPP (WPP) opened at GBX 1,352 ($18.20) on Monday. 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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About WPP

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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