Wpp Plc (LON:WPP)‘s stock had its “outperform” rating restated by equities researchers at Macquarie in a research report issued to clients and investors on Monday. They presently have a GBX 2,000 ($25.84) price target on the stock. Macquarie’s price target would suggest a potential upside of 19.76% from the stock’s previous close.

Several other research analysts have also recently commented on WPP. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,100 ($27.14) target price on shares of Wpp Plc in a report on Tuesday, February 21st. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,975 ($25.52) target price on shares of Wpp Plc in a report on Tuesday, February 21st. Shore Capital reaffirmed a “buy” rating on shares of Wpp Plc in a report on Monday, February 27th. J P Morgan Chase & Co lowered their target price on shares of Wpp Plc from GBX 2,102 ($27.16) to GBX 1,997 ($25.80) and set an “overweight” rating on the stock in a report on Monday, March 6th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 1,890 ($24.42) target price on shares of Wpp Plc in a report on Monday, March 6th. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 1,960.20 ($25.33).

Analyst Recommendations for Wpp Plc (LON:WPP)

Wpp Plc (LON WPP) opened at 1670.32 on Monday. Wpp Plc has a 52 week low of GBX 1,204.00 and a 52 week high of GBX 1,928.07. The company’s 50-day moving average price is GBX 1,704.47 and its 200 day moving average price is GBX 1,764.51. The company’s market capitalization is GBX 21.16 billion.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/06/12/wpp-plc-wpp-earns-outperform-rating-from-macquarie.html.

In other news, insider Roberto Quarta bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The shares were acquired at an average price of GBX 1,729 ($22.34) per share, for a total transaction of £172,900 ($223,413.88).

About Wpp Plc

WPP plc (WPP) operates in four segments: Advertising and Media Investment Management; Consumer Insight; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications. Advertising and Media Investment Management, where it operates advertising networks Ogilvy & Mather Advertising, JWT, Y&R, Grey, bates and the United Network.

Receive News & Ratings for Wpp Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wpp Plc and related companies with MarketBeat.com's FREE daily email newsletter.