WPP (LON:WPP)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a research report issued to clients and investors on Monday.
A number of other research analysts have also commented on the company. Goldman Sachs Group set a GBX 1,441 ($18.83) price target on WPP and gave the company a “neutral” rating in a research report on Monday, August 13th. UBS Group reaffirmed a “buy” rating and set a GBX 1,660 ($21.69) price target on shares of WPP in a research report on Monday, August 20th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 1,510 ($19.73) price target on shares of WPP in a research report on Thursday, August 23rd. Berenberg Bank reaffirmed a “sell” rating and set a GBX 1,075 ($14.05) price target on shares of WPP in a research report on Thursday, August 30th. Finally, Shore Capital reaffirmed a “hold” rating on shares of WPP in a research report on Friday, August 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the stock. WPP presently has an average rating of “Hold” and a consensus target price of GBX 1,300.53 ($16.99).
Shares of WPP stock opened at GBX 815.80 ($10.66) on Monday. WPP has a 12-month low of GBX 1,121.44 ($14.65) and a 12-month high of GBX 1,774 ($23.18).
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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