WPP plc American Depositary Shares (WPP) Downgraded by ValuEngine to Hold

WPP plc American Depositary Shares (NYSE:WPP) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other equities research analysts also recently issued reports about the company. Goldman Sachs Group reiterated a “neutral” rating on shares of WPP plc American Depositary Shares in a report on Wednesday, January 24th. Pivotal Research upgraded WPP plc American Depositary Shares from a “hold” rating to a “buy” rating in a report on Tuesday, October 31st. Zacks Investment Research downgraded WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a report on Saturday, January 27th. HSBC downgraded WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a report on Monday, January 29th. Finally, Bank of America downgraded WPP plc American Depositary Shares from a “neutral” rating to an “underperform” rating in a report on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company’s stock. WPP plc American Depositary Shares has a consensus rating of “Hold” and a consensus price target of $118.50.

Shares of WPP plc American Depositary Shares (WPP) opened at $90.52 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.99 and a quick ratio of 0.96. 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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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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

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