WPP Given “Outperform” Rating at Credit Suisse (WPP)
WPP (LON:WPP)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse in a research report issued to clients and investors on Wednesday, Analyst Ratings Network reports. They currently have a GBX 1,400 ($22.23) price target on the stock. Credit Suisse’s target price suggests a potential upside of 8.86% from the stock’s previous close.
Shares of WPP (LON:WPP) traded down 0.62% on Wednesday, hitting GBX 1286.00. 2,374,274 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
A number of other firms have also recently commented on WPP. Analysts at BNP Paribas reiterated an “outperform” rating on shares of WPP (LON:WPP) in a research note to investors on Tuesday. They now have a GBX 1,500 ($23.82) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of WPP (LON:WPP) in a research note to investors on Monday. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of WPP (LON:WPP) in a research note to investors on Wednesday, September 11th. They now have a GBX 1,300 ($20.64) price target on the stock.
Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twenty have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,242.29 ($19.73).
WPP plc (LON:WPP) operates in four segments: Advertising and Media Investment Management; Consumer Insight; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications.
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