WPP (WPP) Trading Up 0%
Wpp Plc (LON:WPP) shares were up 0% on Tuesday . The stock traded as high as GBX 1,300 ($18.26) and last traded at GBX 1,294 ($18.17). Approximately 6,454,275 shares changed hands during trading, an increase of 46% from the average daily volume of 4,430,000 shares. The stock had previously closed at GBX 1,294 ($18.17).
Several analysts have weighed in on WPP shares. Numis Securities reiterated an “under review” rating on shares of WPP in a research note on Tuesday, October 31st. Goldman Sachs Group downgraded WPP from a “buy” rating to a “neutral” rating and dropped their price target for the company from GBX 1,830 ($25.70) to GBX 1,470 ($20.64) in a research note on Tuesday, January 23rd. Liberum Capital reiterated a “buy” rating and set a GBX 1,815 ($25.49) price target on shares of WPP in a research note on Friday, November 17th. Shore Capital reiterated a “buy” rating on shares of WPP in a research note on Tuesday, October 31st. Finally, Deutsche Bank dropped their price target on WPP from GBX 1,750 ($24.58) to GBX 1,510 ($21.20) and set a “hold” rating on the stock in a research note on Wednesday, November 1st. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. WPP presently has a consensus rating of “Buy” and a consensus target price of GBX 1,708.68 ($24.00).
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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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