Wpp Plc Rating Reiterated by Westhouse Securities (WPP)
Wpp Plc (LON:WPP)‘s stock had its “buy” rating restated by investment analysts at Westhouse Securities in a note issued to investors on Thursday. They currently have a GBX 1,577 ($26.77) target price on the stock. Westhouse Securities’ price target would suggest a potential upside of 24.37% from the stock’s previous close.
A number of other firms have also recently commented on WPP. Analysts at Natixis reiterated a “buy” rating on shares of Wpp Plc in a research note on Monday. They now have a GBX 1,570 ($26.65) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Wpp Plc in a research note on Friday, June 13th. They now have a GBX 1,600 ($27.16) 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, June 12th. They now have a GBX 1,555 ($26.40) 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 given a buy rating to the company’s stock. Wpp Plc currently has an average rating of “Buy” and a consensus target price of GBX 1,400.48 ($23.77).
Wpp Plc (LON:WPP) traded up 0.48% during mid-day trading on Thursday, hitting GBX 1268.00. 2,736,957 shares of the company’s stock traded hands. 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.. The company’s market cap is £16.780 billion.
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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