Wpp Plc’s “Buy” Rating Reaffirmed at Westhouse Securities (WPP)
Wpp Plc (LON:WPP)‘s stock had its “buy” rating reaffirmed by research analysts at Westhouse Securities in a report released on Tuesday. They currently have a GBX 1,577 ($26.10) target price on the stock. Westhouse Securities’ price target would suggest a potential upside of 28.52% from the company’s current price.
Shares of Wpp Plc (LON:WPP) traded up 1.96% on Tuesday, hitting GBX 1251.00. 1,806,161 shares of the company’s stock traded hands. 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 £16.555 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wpp Plc in a research note on Tuesday, August 19th. They now have a GBX 1,552 ($25.68) 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 ($24.54) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus 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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