WPP Given “Neutral” Rating at Oddo & Cie (WPP)
WPP (LON:WPP)‘s stock had its “neutral” rating reaffirmed by stock analysts at Oddo & Cie in a report issued on Thursday, AmericanBankingNews.com reports. They currently have a GBX 1,250 ($20.51) target price on the stock. Oddo & Cie’s price objective would indicate a potential downside of 7.08% from the company’s current price.
Shares of WPP (LON:WPP) opened at 1348.00 on Thursday. WPP has a 52 week low of GBX 1003.00 and a 52 week high of GBX 1391.00. The stock has a 50-day moving average of GBX 1337.18 and a 200-day moving average of GBX 1290..
A number of other analysts have also recently weighed in on WPP. Analysts at Davy Research reiterated a “buy” rating on shares of WPP in a research note on Monday. They now have a GBX 1,550 ($25.43) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of WPP in a research note on Monday. They now have a GBX 1,550 ($25.43) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of WPP in a research note on Friday, February 7th. They now have a GBX 1,500 ($24.61) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-two have issued a buy rating to the stock. WPP presently has a consensus rating of “Buy” and a consensus target price of GBX 1,422.89 ($23.35).
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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