WPP Rating Reiterated by Investec (WPP)
WPP (LON:WPP)‘s stock had its “buy” rating reaffirmed by analysts at Investec in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports.
Shares of WPP (LON:WPP) traded up 0.91% during mid-day trading on Thursday, hitting GBX 1325.00. 4,125,675 shares of the company’s stock traded hands. WPP has a 52 week low of GBX 892.50 and a 52 week high of GBX 1314.00. 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 Jefferies Group reiterated a “buy” rating on shares of WPP in a research note to investors on Thursday. They now have a GBX 1,425 ($23.04) price target on the stock. Separately, analysts at Bank of America Corp. raised their price target on shares of WPP from GBX 1,400 ($22.64) to GBX 1,480 ($23.93) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of WPP in a research note to investors on Wednesday. They now have a GBX 1,450 ($23.45) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-one have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,295.08 ($20.94).
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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