Wpp Plc Stock Rating Reaffirmed by Numis Securities Ltd (WPP)
Wpp Plc (LON:WPP)‘s stock had its “add” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 1,483 ($24.54) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 20.86% from the stock’s previous close.
Wpp Plc (LON:WPP) opened at 1247.00 on Tuesday. Wpp Plc has a one year low of GBX 1162.00 and a one year high of GBX 1565.00. The stock has a 50-day moving average of GBX 1217.93 and a 200-day moving average of GBX 1255.. The company’s market cap is £16.502 billion.
A number of other firms have also recently commented on WPP. Analysts at Investec reiterated a “buy” rating on shares of Wpp Plc in a research note on Tuesday. They now have a GBX 1,420 ($23.50) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Wpp Plc in a research note on Tuesday. They now have a GBX 1,280 ($21.18) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Wpp Plc in a research note on Tuesday. They now have a GBX 1,577 ($26.10) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twenty have issued a buy rating to the stock. Wpp Plc currently has a consensus rating of “Buy” and an average price target of GBX 1,450.38 ($24.00).
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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