BNP Paribas Reaffirms Outperform Rating for Wpp Plc (WPP)
Wpp Plc (LON:WPP)‘s stock had its “outperform” rating reaffirmed by equities research analysts at BNP Paribas in a research note issued to investors on Friday. They currently have a GBX 1,470 ($24.39) target price on the stock. BNP Paribas’ target price points to a potential upside of 13.25% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Wpp Plc in a research note on Wednesday. They now have a GBX 1,600 ($26.55) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Wpp Plc in a research note on Thursday, August 28th. They now have a GBX 1,600 ($26.55) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Wpp Plc in a research note on Wednesday, August 27th. They now have a GBX 1,530 ($25.39) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nineteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 1,452.22 ($24.10).
Wpp Plc (LON:WPP) opened at 1297.00 on Friday. 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 1226. and a 200-day moving average of GBX 1253.. The company’s market cap is £17.104 billion.
The company also recently declared a dividend, which is scheduled for Monday, November 10th. Stockholders of record on Thursday, October 9th will be given a dividend of GBX 11.62 ($0.19) per share. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, October 9th.
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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