Wpp Plc Receives “Add” Rating from Numis Securities Ltd (WPP)
Wpp Plc (LON:WPP)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 1,483 ($24.95) price target on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 24.10% from the company’s current price.
Other equities research analysts have also recently issued reports about 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 1,398.54 ($23.53).
Wpp Plc (LON:WPP) traded up 1.27% on Friday, hitting GBX 1195.00. The stock had a trading volume of 4,713,067 shares. Wpp Plc has a 1-year low of GBX 1148.00 and a 1-year high of GBX 1565.00. The stock has a 50-day moving average of GBX 1231.56 and a 200-day moving average of GBX 1262.. The company’s market cap is £15.814 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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