WPP plc American Depositary Shares (NYSE:WPP) was downgraded by research analysts at Macquarie from an “outperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports.
Other equities analysts have also recently issued research reports about the company. Pivotal Research raised WPP plc American Depositary Shares from a “hold” rating to a “buy” rating in a report on Tuesday, October 31st. ValuEngine cut WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a report on Sunday. Zacks Investment Research cut WPP plc American Depositary Shares from a “hold” rating to a “sell” rating in a report on Wednesday, December 13th. Finally, Morgan Stanley cut WPP plc American Depositary Shares from an “overweight” rating to an “equal weight” rating in a report on Tuesday, September 26th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. WPP plc American Depositary Shares presently has a consensus rating of “Hold” and an average price target of $116.00.
WPP plc American Depositary Shares (NYSE WPP) opened at $90.56 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.96 and a current ratio of 0.99. WPP plc American Depositary Shares has a fifty-two week low of $82.44 and a fifty-two week high of $119.12.
WPP plc American Depositary Shares Company Profile
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
