Wpp Plc Rating Reiterated by BMO Capital Markets (WPP)
Wpp Plc (LON:WPP)‘s stock had its “market perform” rating reiterated by equities researchers at BMO Capital Markets in a research report issued on Monday, Stock Ratings Network reports. They currently have a GBX 1,200 ($20.16) price objective on the stock. BMO Capital Markets’ target price would suggest a potential downside of 4.77% from the company’s current price.
Shares of Wpp Plc (LON:WPP) opened at 1251.00 on Monday. Wpp Plc has a one year low of GBX 1044.00 and a one year high of GBX 1391.00. The stock’s 50-day moving average is GBX 1236. and its 200-day moving average is GBX 1303..
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Wpp Plc in a research note on Monday. They now have a GBX 1,470 ($24.70) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Wpp Plc in a research note on Monday. They now have a GBX 1,525 ($25.62) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Wpp Plc in a research note on Monday. They now have a GBX 1,530 ($25.71) price target on the stock. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 1,396.45 ($23.46).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.