Numis Securities Ltd Reiterates Add Rating for Wpp Plc (WPP)
Wpp Plc (LON:WPP)‘s stock had its “add” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,484 ($24.92) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 17.77% from the company’s current price.
WPP has been the subject of a number of other recent research reports. Analysts at Investec reiterated an “add” rating on shares of Wpp Plc in a research note on Friday. They now have a GBX 1,350 ($22.67) price target on the stock. Separately, analysts at Kepler Capital Markets reiterated a “buy” rating on shares of Wpp Plc in a research note on Tuesday. They now have a GBX 1,450 ($24.35) price target on the stock. Finally, analysts at Natixis upgraded shares of Wpp Plc to a “buy” rating in a research note on Thursday, April 17th. They now have a GBX 1,570 ($26.37) price target on the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-three have issued a buy rating to the stock. Wpp Plc presently has an average rating of “Buy” and an average price target of GBX 1,394.35 ($23.42).
Wpp Plc (LON:WPP) traded down 1.09% on Friday, hitting GBX 1260.0601. 5,500,194 shares of the company’s stock traded hands. Wpp Plc has a one year low of GBX 1044.00 and a one year high of GBX 1391.00. The stock has a 50-day moving average of GBX 1236. and a 200-day moving average of GBX 1303..
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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