WPP plc American Depositary Shares (WPP) Downgraded by Zacks Investment Research
Zacks Investment Research lowered shares of WPP plc American Depositary Shares (NYSE:WPP) from a hold rating to a sell rating in a report issued on Wednesday.
According to Zacks, “WPP is in marketing communications services. They are made up of companies in: Advertising; Media Investment Management; Data Investment Management; Public Relations & Public Affairs; Branding & Identity; Healthcare Communications; Digital, eCommerce & Shopper Marketing; Specialist Communications. “
WPP has been the subject of several other research reports. Morgan Stanley lowered shares of WPP plc American Depositary Shares from an overweight rating to an equal weight rating in a research report on Tuesday, September 26th. Pivotal Research upgraded shares of WPP plc American Depositary Shares from a hold rating to a buy rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. WPP plc American Depositary Shares currently has an average rating of Hold and a consensus price target of $116.00.
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WPP plc American Depositary Shares Company Profile
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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