WPP (LON:WPP) Earns Buy Rating from Shore Capital

WPP (LON:WPP)‘s stock had its “buy” rating restated by research analysts at Shore Capital in a research note issued on Thursday, Digital Look reports.

A number of other brokerages have also recently weighed in on WPP. Barclays reiterated an “overweight” rating and set a GBX 1,000 ($12.45) price target on shares of WPP in a research report on Wednesday, January 31st. JPMorgan Chase & Co. increased their price target on WPP from GBX 850 ($10.58) to GBX 890 ($11.08) and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, WPP has an average rating of “Moderate Buy” and an average price target of GBX 1,005.83 ($12.52).

WPP Stock Up 0.9 %

Shares of WPP stock opened at GBX 769.20 ($9.58) on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.89 and a debt-to-equity ratio of 179.40. The business’s 50 day simple moving average is GBX 739 and its 200-day simple moving average is GBX 733.75. The stock has a market capitalization of £8.23 billion, a price-to-earnings ratio of 7,684.00, a PEG ratio of 2.54 and a beta of 1.14. WPP has a twelve month low of GBX 656 ($8.17) and a twelve month high of GBX 971.40 ($12.09).

WPP Company Profile

WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies.