Wpp Plc’s Buy Rating Reaffirmed at Goldman Sachs (WPP)
Wpp Plc (LON:WPP)‘s stock had its “buy” rating reaffirmed by stock analysts at Goldman Sachs in a report issued on Thursday. They currently have a GBX 1,555 ($26.14) price target on the stock. Goldman Sachs’ price objective suggests a potential upside of 19.34% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Wpp Plc in a research note on Wednesday, June 4th. They now have a GBX 1,525 ($25.64) price target on the stock. Separately, 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 ($23.87) price target on the stock, up previously from GBX 1,350 ($22.70). Finally, 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 ($26.51) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 1,400.48 ($23.55).
Wpp Plc (LON:WPP) traded up 0.38% on Thursday, hitting GBX 1308.00. The stock had a trading volume of 2,595,374 shares. Wpp Plc has a 1-year low of GBX 1051.00 and a 1-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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