Several other research firms have also weighed in on WPP. Beaufort Securities lowered shares of WPP to a hold rating and set a GBX 1,300 ($17.31) price objective for the company. in a research report on Thursday, March 1st. Numis Securities restated an add rating and set a GBX 1,400 ($18.64) price objective (down previously from GBX 1,515 ($20.17)) on shares of WPP in a research report on Monday, April 16th. Credit Suisse Group restated a neutral rating and set a GBX 1,320 ($17.57) price objective on shares of WPP in a research report on Tuesday, June 12th. UBS Group reiterated a buy rating and issued a GBX 1,840 ($24.50) target price on shares of WPP in a report on Monday, February 26th. Finally, Shore Capital cut shares of WPP to a hold rating in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. WPP currently has a consensus rating of Hold and an average target price of GBX 1,496.33 ($19.92).
WPP opened at GBX 1,199 ($15.96) on Thursday, MarketBeat Ratings reports. WPP has a twelve month low of GBX 1,121.44 ($14.93) and a twelve month high of GBX 1,774 ($23.62).
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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