Wpp Plc (LON:WPP) had its price target decreased by HSBC Holdings plc from GBX 2,000 ($25.96) to GBX 1,850 ($24.02) in a research note published on Thursday. HSBC Holdings plc currently has a buy rating on the stock.
A number of other research analysts also recently weighed in on the company. Investec reiterated a hold rating on shares of Wpp Plc in a report on Wednesday. Liberum Capital reiterated a buy rating and set a GBX 2,000 ($25.96) price target on shares of Wpp Plc in a report on Wednesday. Shore Capital reiterated a hold rating and set a GBX 1,594 ($20.69) price target on shares of Wpp Plc in a report on Wednesday. Kepler Capital Markets reiterated a buy rating and set a GBX 2,100 ($27.26) price target on shares of Wpp Plc in a report on Tuesday. Finally, Morgan Stanley lowered their price target on Wpp Plc from GBX 1,975 ($25.64) to GBX 1,930 ($25.06) and set an overweight rating on the stock in a report on Friday, August 18th. Seven analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 1,854.91 ($24.08).
Wpp Plc (WPP) traded down 1.71% on Thursday, hitting GBX 1437.00. The stock had a trading volume of 5,831,760 shares. Wpp Plc has a one year low of GBX 1,382.00 and a one year high of GBX 1,928.07. The stock’s market cap is GBX 18.20 billion. The stock’s 50 day moving average is GBX 1,564.92 and its 200 day moving average is GBX 1,688.05.
Wpp Plc 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.
Receive News & Ratings for Wpp Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wpp Plc and related companies with MarketBeat.com's FREE daily email newsletter.
