WPP (WPP) Earns Equal weight Rating from Morgan Stanley

Morgan Stanley reissued their equal weight rating on shares of WPP (LON:WPP) in a research note released on Tuesday.

A number of other research firms have also issued reports on WPP. UBS Group reaffirmed a buy rating and issued a GBX 1,400 ($18.29) price target (down previously from GBX 1,520 ($19.86)) on shares of WPP in a research report on Friday, October 19th. Liberum Capital reaffirmed a buy rating on shares of WPP in a research report on Friday, August 10th. Deutsche Bank reaffirmed a hold rating on shares of WPP in a research report on Wednesday, September 12th. Barclays reaffirmed an equal weight rating on shares of WPP in a research report on Friday, October 26th. Finally, Credit Suisse Group reduced their price target on WPP from GBX 1,400 ($18.29) to GBX 1,320 ($17.25) and set a neutral rating on the stock in a research report on Wednesday, September 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. The company has an average rating of Hold and a consensus price target of GBX 1,300.53 ($16.99).

WPP stock opened at GBX 824.40 ($10.77) on Tuesday. WPP has a 1 year low of GBX 1,121.44 ($14.65) and a 1 year 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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