Wpp Plc Stock Rating Reaffirmed by Investec (WPP)
Wpp Plc (LON:WPP)‘s stock had its “buy” rating reiterated by equities researchers at Investec in a research report issued on Thursday. They currently have a GBX 1,420 ($23.90) price objective on the stock. Investec’s price objective indicates a potential upside of 10.51% from the stock’s previous close.
Shares of Wpp Plc (LON:WPP) opened at 1293.00 on Thursday. Wpp Plc has a one year low of GBX 1051.00 and a one year high of GBX 1565.00. The stock’s 50-day moving average is GBX 1236. and its 200-day moving average is GBX 1303..
A number of other analysts have also recently weighed in on WPP. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Wpp Plc in a research note on Thursday. They now have a GBX 1,577 ($26.54) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Wpp Plc in a research note on Friday, May 23rd. They now have a GBX 1,525 ($25.67) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of Wpp Plc in a research note on Thursday, May 22nd. They now have a GBX 1,555 ($26.17) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 1,400.48 ($23.57).
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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