WPP (LON:WPP)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a report issued on Tuesday. They presently have a GBX 1,815 ($25.08) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 30.86% from the stock’s current price.
A number of other research analysts have also issued reports on the stock. UBS Group set a GBX 1,840 ($25.42) price target on shares of WPP and gave the stock a “buy” rating in a research note on Monday, December 11th. JPMorgan Chase & Co. boosted their price target on shares of 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. Credit Suisse Group dropped their price target on shares of WPP from GBX 1,600 ($22.11) to GBX 1,500 ($20.72) and set an “outperform” rating on the stock in a research note on Thursday, November 2nd. Deutsche Bank reiterated a “hold” rating on shares of WPP in a research note on Friday, January 26th. Finally, Macquarie reiterated an “outperform” rating and set a GBX 1,400 ($19.34) price target on shares of WPP in a research note on Tuesday, January 2nd. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. WPP currently has a consensus rating of “Buy” and a consensus price target of GBX 1,679.21 ($23.20).
WPP (WPP) opened at GBX 1,387 ($19.16) on Tuesday. WPP has a one year low of GBX 1,218.50 ($16.83) and a one year 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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