WPP plc American Depositary Shares (NYSE:WPP)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $81.28 and last traded at $81.28, with a volume of 379811 shares traded. The stock had previously closed at $83.02.
Several equities analysts have recently weighed in on WPP shares. Credit Suisse Group downgraded shares of WPP plc American Depositary Shares from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 23rd. Pivotal Research downgraded shares of WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Zacks Investment Research raised shares of WPP plc American Depositary Shares from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a research note on Friday, January 26th. Macquarie downgraded shares of WPP plc American Depositary Shares from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 2nd. Finally, Bank of America downgraded shares of WPP plc American Depositary Shares from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 25th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $107.00.
The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 0.63.
The company also recently announced a Semi-Annual dividend, which will be paid on Monday, July 9th. Shareholders of record on Friday, June 15th will be paid a dividend of $2.566 per share. The ex-dividend date is Thursday, June 14th.
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About WPP plc American Depositary Shares
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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