Wpp Plc Given “Buy” Rating at Goldman Sachs (WPP)
Wpp Plc (LON:WPP)‘s stock had its “buy” rating restated by equities researchers at Goldman Sachs in a research report issued on Thursday. They currently have a GBX 1,555 ($26.16) price objective on the stock. Goldman Sachs’ target price would indicate a potential upside of 22.92% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Wpp Plc in a research note on Wednesday. They now have a GBX 1,525 ($25.65) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Wpp Plc in a research note on Monday, May 12th. They now have a GBX 1,470 ($24.73) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Wpp Plc in a research note on Friday, May 9th. They now have a GBX 1,577 ($26.53) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty-two have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,398.23 ($23.52).
Shares of Wpp Plc (LON:WPP) traded up 0.56% on Thursday, hitting GBX 1265.00. The stock had a trading volume of 2,797,839 shares. Wpp Plc has a 52 week low of GBX 1051.00 and a 52 week high of GBX 1565.00. 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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