WPP (LON:WPP)‘s stock had its “buy” rating reaffirmed by analysts at UBS Group in a research report issued to clients and investors on Monday, www.digitallook.com reports. They presently have a GBX 1,840 ($25.42) price objective on the stock. UBS Group’s price target would indicate a potential upside of 33.09% from the company’s current price.
WPP has been the topic of several other reports. Liberum Capital reissued a “buy” rating and issued a GBX 1,865 ($25.77) target price on shares of WPP in a research note on Monday, October 30th. JPMorgan Chase & Co. raised their target price on WPP from GBX 1,697 ($23.45) to GBX 1,750 ($24.18) and gave the stock an “overweight” rating in a research note on Tuesday, November 21st. Citigroup reissued a “buy” rating on shares of WPP in a research note on Wednesday, January 10th. Societe Generale reissued a “buy” rating and issued a GBX 1,940 ($26.80) target price on shares of WPP in a research note on Friday, January 26th. Finally, Credit Suisse Group cut their price objective on WPP from GBX 1,600 ($22.11) to GBX 1,500 ($20.72) and set an “outperform” rating on the stock in a research report on Thursday, November 2nd. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. WPP currently has a consensus rating of “Buy” and a consensus target price of GBX 1,679.21 ($23.20).
Shares of WPP (LON:WPP) opened at GBX 1,382.50 ($19.10) on Monday. WPP has a 12 month low of GBX 1,218.50 ($16.83) and a 12 month high of GBX 1,928.07 ($26.64).
WPP plc provides various communications services worldwide. The company operates through four segments: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.
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