News headlines about WPP (NYSE:WPP) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WPP earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 43.9455902251481 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
- Which Agencies Will Be Pitching Ford After 75 Years With WPP? (adweek.com)
- Ford puts global creative in review, adding more woes for WPP (adage.com)
- Ford to Seek Bids for Parts of Advertising Business, Dealing Blow to WPP (wsj.com)
- Ford to Seek Bids for Parts of Advertising Business, in Blow to WPP (finance.yahoo.com)
- M&S, Tenzing, WPP: 5 things that mattered this week and why (marketingweek.com)
A number of research firms have recently issued reports on WPP. Pivotal Research cut shares of WPP from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Credit Suisse Group cut shares of WPP from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 23rd. Bank of America cut shares of WPP from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 25th. Goldman Sachs reiterated a “neutral” rating on shares of WPP in a research note on Wednesday, January 24th. Finally, ValuEngine cut shares of WPP from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $107.00.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Monday, July 9th. Investors of record on Friday, June 15th will be given a $2.566 dividend. The ex-dividend date of this dividend is Thursday, June 14th. WPP’s dividend payout ratio (DPR) is presently 49.61%.
WPP 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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPP and related companies with MarketBeat.com's FREE daily email newsletter.