Wpp Plc’s Overweight Rating Reiterated at JPMorgan Chase & Co. (WPP)
Wpp Plc (LON:WPP)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They currently have a GBX 1,552 ($25.94) target price on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 26.38% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Wpp Plc in a research note on Wednesday, August 13th. They now have a GBX 1,577 ($26.36) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Wpp Plc in a research note on Wednesday, August 13th. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Wpp Plc in a research note on Friday, August 8th. They now have a GBX 1,483 ($24.79) price target on the stock. 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’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 1,400.33 ($23.41).
Wpp Plc (LON:WPP) opened at 1234.00 on Tuesday. 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 1223. and a 200-day moving average of GBX 1257.. The company’s market cap is £16.330 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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