Berenberg Bank reaffirmed their buy rating on shares of WPP (LON:WPP – Free Report) in a research report sent to investors on Monday morning,Digital Look reports. They currently have a GBX 470 price objective on the stock.
WPP has been the subject of several other reports. JPMorgan Chase & Co. raised their target price on shares of WPP from GBX 350 to GBX 390 and gave the stock a “neutral” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 425 price target on shares of WPP in a research report on Friday, August 7th. Finally, Citigroup raised their price objective on shares of WPP from GBX 285 to GBX 430 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, WPP has an average rating of “Moderate Buy” and a consensus price target of GBX 428.75.
View Our Latest Stock Analysis on WPP
WPP Trading Down 2.0%
WPP (LON:WPP – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported GBX 1.80 earnings per share for the quarter. WPP had a negative return on equity of 9.33% and a negative net margin of 1.81%. Sell-side analysts predict that WPP will post 81.6125654 EPS for the current year.
WPP Company Profile
WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.
We are a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent.
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