WPP (LON:WPP)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research note issued on Friday. They presently have a GBX 1,815 ($24.61) price objective on the stock. Liberum Capital’s price objective points to a potential upside of 35.85% from the company’s previous close.
Other research analysts have also issued reports about the stock. Citigroup restated a “buy” rating on shares of WPP in a report on Wednesday. JPMorgan Chase & Co. decreased their price objective on shares of WPP from GBX 1,758 ($23.84) to GBX 1,747 ($23.69) and set an “overweight” rating for the company in a report on Wednesday. Barclays restated an “equal weight” rating and issued a GBX 1,500 ($20.34) price objective on shares of WPP in a report on Wednesday, November 1st. restated a “buy” rating and issued a GBX 1,600 ($21.70) price objective on shares of WPP in a report on Wednesday, November 1st. Finally, Shore Capital restated a “buy” rating on shares of WPP in a report on Tuesday, October 31st. Five research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 1,750 ($23.73).
WPP (WPP) opened at GBX 1,336 ($18.12) on Friday. WPP has a 1-year low of GBX 1,238.45 ($16.79) and a 1-year high of GBX 1,928.07 ($26.15).
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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