Barclays PLC reissued their overweight rating on shares of Wpp Plc (LON:WPP) in a research note issued to investors on Monday morning. They currently have a GBX 2,100 ($27.41) price target on the stock.
Other analysts have also recently issued reports about the stock. Numis Securities Ltd reaffirmed an add rating and set a GBX 1,775 ($23.17) price objective on shares of Wpp Plc in a research note on Friday, August 5th. Jefferies Group reissued a buy rating and set a GBX 1,850 ($24.15) price target on shares of Wpp Plc in a research note on Wednesday, June 29th. Societe Generale raised shares of Wpp Plc to a buy rating and decreased their price target for the company from GBX 2,050 ($26.76) to GBX 1,975 ($25.78) in a research note on Wednesday, July 13th. Shore Capital reissued a buy rating on shares of Wpp Plc in a research note on Thursday, August 18th. Finally, Goldman Sachs Group Inc. reissued a buy rating and set a GBX 1,970 ($25.71) price target on shares of Wpp Plc in a research note on Thursday, August 25th. Ten analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company has an average rating of Buy and an average price target of GBX 1,827.36 ($23.85).
Shares of Wpp Plc (LON:WPP) opened at 1819.00 on Monday. The firm’s 50-day moving average is GBX 1,787.31 and its 200 day moving average is GBX 1,665.28. Wpp Plc has a 52 week low of GBX 1,204.00 and a 52 week high of GBX 1,875.00. The firm’s market capitalization is GBX 23.36 billion.
The business also recently disclosed a dividend, which will be paid on Monday, November 7th. Investors of record on Thursday, October 6th will be issued a dividend of GBX 19.55 ($0.26) per share. The ex-dividend date is Thursday, October 6th. This represents a dividend yield of 1.1%.
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.
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