Wpp Plc Receives Consensus Recommendation of “Buy” from Brokerages (LON:WPP)
Wpp Plc (LON:WPP) has received an average recommendation of “Buy” from the thirty brokerages that are presently covering the stock, Analyst Ratings Net reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-one have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,398.57 ($23.53).
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Wpp Plc in a research note on Monday, July 28th. They now have a GBX 1,350 ($22.72) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Wpp Plc in a research note on Friday, July 25th. They now have a GBX 1,470 ($24.73) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Wpp Plc in a research note on Monday, July 21st. They now have a GBX 1,280 ($21.54) price target on the stock.
Shares of Wpp Plc (LON:WPP) opened at 1180.00 on Monday. Wpp Plc has a 52-week low of GBX 1148.00 and a 52-week high of GBX 1565.00. The stock has a 50-day moving average of GBX 1246. and a 200-day moving average of GBX 1268.31. The company’s market cap is £15.615 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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