WPP (WPP) Lowered to “Hold” at Beaufort Securities
Beaufort Securities downgraded shares of WPP (LON:WPP) to a hold rating in a research report sent to investors on Thursday. Beaufort Securities currently has GBX 1,300 ($17.96) target price on the stock.
WPP has been the topic of a number of other research reports. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of WPP in a research note on Wednesday, November 1st. Berenberg Bank cut their price target on shares of WPP from GBX 1,750 ($24.18) to GBX 1,410 ($19.48) and set a hold rating on the stock in a research note on Wednesday, November 1st. Deutsche Bank cut their price target on shares of WPP from GBX 1,750 ($24.18) to GBX 1,510 ($20.86) and set a hold rating on the stock in a research note on Wednesday, November 1st. Barclays reaffirmed an equal weight rating and set a GBX 1,500 ($20.72) price target on shares of WPP in a research note on Wednesday, November 1st. Finally, reaffirmed a buy rating and set a GBX 1,600 ($22.11) price target on shares of WPP in a research note on Wednesday, November 1st. Ten investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. WPP has an average rating of Buy and an average price target of GBX 1,624.47 ($22.44).
Shares of WPP (LON:WPP) opened at GBX 1,266 ($17.49) on Thursday. WPP has a 1 year low of GBX 1,185.73 ($16.38) and a 1 year high of GBX 1,928.07 ($26.64).
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WPP Company Profile
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 & Identity, Healthcare 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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