WPP plc American Depositary Shares (WPP) Given Consensus Rating of “Hold” by Brokerages

WPP plc American Depositary Shares (NYSE:WPP) has been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $130.00.

A number of research firms recently weighed in on WPP. Macquarie lowered WPP plc American Depositary Shares from an “outperform” rating to a “neutral” rating in a research report on Tuesday, January 2nd. ValuEngine lowered WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Zacks Investment Research lowered WPP plc American Depositary Shares from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. Pivotal Research upgraded WPP plc American Depositary Shares from a “hold” rating to a “buy” rating in a research report on Tuesday, October 31st. Finally, Morgan Stanley lowered WPP plc American Depositary Shares from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, September 26th.

WPP plc American Depositary Shares (NYSE WPP) opened at $90.63 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 1 year low of $82.44 and a 1 year high of $119.12.

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About WPP plc American Depositary Shares

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.

Analyst Recommendations for WPP plc American Depositary Shares (NYSE:WPP)

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