WPP Given “Buy” Rating at Jefferies Group (WPP)
WPP (LON:WPP)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,425 ($22.86) price objective on the stock. Jefferies Group’s price target would indicate a potential upside of 13.64% from the company’s current price.
Shares of WPP (LON:WPP) opened at 1250.00 on Monday. WPP has a one year low of GBX 892.50 and a one year high of GBX 1313.00. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0..
WPP has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of WPP in a research note to investors on Friday. They now have a GBX 1,500 ($24.07) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of WPP in a research note to investors on Wednesday, October 2nd. They now have a GBX 1,450 ($23.26) price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of WPP in a research note to investors on Tuesday, October 1st. They now have a GBX 1,500 ($24.07) price target on the stock. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twenty-two have issued a buy rating to the company’s stock. WPP currently has a consensus rating of “Buy” and an average price target of GBX 1,283.61 ($20.59).
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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