Citigroup Inc. reaffirmed their buy rating on shares of Wpp Plc (LON:WPP) in a research report report published on Friday, July 14th.
Several other brokerages have also recently weighed in on WPP. Credit Suisse Group reiterated an outperform rating and issued a GBX 1,920 ($25.01) price objective on shares of Wpp Plc in a research note on Thursday, July 13th. Jefferies Group LLC reiterated a buy rating and issued a GBX 2,000 ($26.06) price objective on shares of Wpp Plc in a research note on Tuesday, July 11th. Barclays PLC reiterated an overweight rating and issued a GBX 2,025 ($26.38) price objective on shares of Wpp Plc in a research note on Friday, July 7th. Shore Capital cut shares of Wpp Plc to a hold rating in a research note on Tuesday, June 27th. Finally, UBS AG assumed coverage on shares of Wpp Plc in a research note on Tuesday, June 13th. They issued a buy rating and a GBX 2,050 ($26.71) price objective for the company. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 1,948.81 ($25.39).
Wpp Plc (LON WPP) traded up 0.13% on Friday, reaching GBX 1551.00. 3,567,515 shares of the company’s stock were exchanged. Wpp Plc has a 12 month low of GBX 1,536.00 and a 12 month high of GBX 1,928.07. The firm’s market cap is GBX 19.65 billion. The firm’s 50-day moving average is GBX 1,613.05 and its 200-day moving average is GBX 1,728.73.
In other Wpp Plc news, insider Roberto Quarta bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were acquired at an average cost of GBX 1,729 ($22.52) per share, for a total transaction of £172,900 ($225,247.52).
About Wpp Plc
WPP plc (WPP) operates in four segments: Advertising and Media Investment Management; Consumer Insight; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications. Advertising and Media Investment Management, where it operates advertising networks Ogilvy & Mather Advertising, JWT, Y&R, Grey, bates and the United Network.
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