Wpp Plc Stock Rating Reaffirmed by Nomura (WPP)
Wpp Plc (LON:WPP)‘s stock had its “buy” rating reiterated by analysts at Nomura in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,525 ($25.57) price target on the stock. Nomura’s price objective indicates a potential upside of 20.94% from the stock’s previous close.
A number of other firms have also recently commented on WPP. Analysts at Investec upgraded shares of Wpp Plc to a “buy” rating in a research note on Thursday, May 29th. They now have a GBX 1,420 ($23.81) price target on the stock, up previously from GBX 1,350 ($22.63). Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Wpp Plc in a research note on Thursday, May 29th. They now have a GBX 1,577 ($26.44) 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 ($26.07) price target on the stock. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,400.48 ($23.48).
Shares of Wpp Plc (LON:WPP) traded down 0.26% on Wednesday, hitting GBX 1261.00. The stock had a trading volume of 2,561,654 shares. 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..
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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