WPP plc (LON:WPP – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 218.50 and last traded at GBX 224.20, with a volume of 38727199 shares changing hands. The stock had previously closed at GBX 227.10.
Analyst Upgrades and Downgrades
Separately, Citigroup reaffirmed a “neutral” rating and issued a GBX 365 target price on shares of WPP in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 362.50.
Read Our Latest Analysis on WPP
WPP Stock Down 0.6%
WPP (LON:WPP – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX (20) earnings per share (EPS) for the quarter. WPP had a negative net margin of 1.59% and a negative return on equity of 7.54%. Equities research analysts forecast that WPP plc will post 81.6125654 earnings per share for the current year.
Insider Transactions at WPP
In related news, insider Cindy Rose purchased 50,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was acquired at an average price of GBX 269 per share, with a total value of £134,500. Also, insider Philip Jansen acquired 50,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was bought at an average price of GBX 255 per share, with a total value of £127,500. Insiders own 2.03% of the company’s stock.
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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