News coverage about WPP plc American Depositary Shares (NYSE:WPP) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. WPP plc American Depositary Shares earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 44.9653903827823 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
WPP has been the topic of a number of recent analyst reports. Pivotal Research upgraded WPP plc American Depositary Shares from a “hold” rating to a “buy” rating in a research report on Tuesday, October 31st. Zacks Investment Research upgraded WPP plc American Depositary Shares from a “sell” rating to a “buy” rating and set a $102.00 price target on the stock in a research report on Tuesday, October 24th. Morgan Stanley downgraded WPP plc American Depositary Shares from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, September 26th. ValuEngine downgraded WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Macquarie downgraded WPP plc American Depositary Shares from an “outperform” rating to a “neutral” rating in a research report on Tuesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $116.00.
Shares of WPP plc American Depositary Shares (WPP) traded up $2.98 during trading on Friday, hitting $93.05. The company’s stock had a trading volume of 287,153 shares, compared to its average volume of 202,702. WPP plc American Depositary Shares has a fifty-two week low of $82.44 and a fifty-two week high of $119.12. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.67.
WPP plc American Depositary Shares Company Profile
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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