WPP plc American Depositary Shares (NYSE:WPP) was downgraded by Credit Suisse Group from an “outperform” rating to a “neutral” rating in a report released on Tuesday, The Fly reports.
WPP has been the topic of several other reports. Zacks Investment Research downgraded WPP plc American Depositary Shares from a “hold” rating to a “sell” rating in a report on Wednesday, December 13th. ValuEngine downgraded WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Morgan Stanley downgraded WPP plc American Depositary Shares from an “overweight” rating to an “equal weight” rating in a report on Tuesday, September 26th. Macquarie downgraded WPP plc American Depositary Shares from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 2nd. Finally, Pivotal Research raised WPP plc American Depositary Shares from a “hold” rating to a “buy” rating in a report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $116.00.
Shares of WPP plc American Depositary Shares (NYSE WPP) opened at $95.32 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 twelve month low of $82.44 and a twelve month high of $119.12.
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.
