Wpp Plc (WPP) Receives Average Recommendation of “Hold” from Analysts

Shares of Wpp Plc (LON:WPP) have been given a consensus rating of “Hold” by the nineteen research firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,283 ($16.76).

Several equities analysts have recently weighed in on the stock. Berenberg Bank reissued a “sell” rating and issued a GBX 1,075 ($14.05) price objective on shares of WPP in a research report on Thursday, August 30th. Deutsche Bank reissued a “hold” rating and issued a GBX 1,510 ($19.73) price objective on shares of WPP in a research report on Thursday, August 23rd. Shore Capital reissued a “hold” rating on shares of WPP in a research report on Friday, August 31st. UBS Group reissued a “buy” rating and issued a GBX 1,660 ($21.69) price objective on shares of WPP in a research report on Monday, August 20th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 1,750 ($22.87) price objective on shares of WPP in a research report on Monday, September 3rd.

LON WPP traded up GBX 1.40 ($0.02) on Monday, hitting GBX 815.80 ($10.66). 3,175,488 shares of the stock were exchanged, compared to its average volume of 6,860,000. WPP has a 52 week low of GBX 1,121.44 ($14.65) and a 52 week high of GBX 1,774 ($23.18).

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 Consulting, Health & Wellness 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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Analyst Recommendations for WPP (LON:WPP)

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