Wpp Plc (WPP) Now Covered by Credit Suisse Group AG
Credit Suisse Group AG initiated coverage on shares of Wpp Plc (LON:WPP) in a research report issued on Tuesday. The firm set an “outperform” rating and a GBX 2,000 ($24.99) price target on the stock. Credit Suisse Group AG’s price target would suggest a potential upside of 17.51% from the company’s previous close.
Several other equities analysts have also recently commented on WPP. Beaufort Securities raised shares of Wpp Plc to a “buy” rating in a research note on Tuesday, November 1st. BNP Paribas restated an “outperform” rating and set a GBX 2,250 ($28.11) price objective on shares of Wpp Plc in a research report on Tuesday, November 1st. Liberum Capital restated a “hold” rating and set a GBX 1,800 ($22.49) price objective on shares of Wpp Plc in a research report on Wednesday, September 14th. Natixis raised their price objective on shares of Wpp Plc from GBX 1,600 ($19.99) to GBX 1,650 ($20.61) and gave the company a “neutral” rating in a research report on Tuesday, November 1st. Finally, Shore Capital restated a “buy” rating on shares of Wpp Plc in a research report on Thursday, August 25th. Nine analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 1,866.23 ($23.32).
Wpp Plc (LON:WPP) opened at 1703.00 on Tuesday. Wpp Plc has a 12 month low of GBX 1,204.00 and a 12 month high of GBX 1,875.00. The firm’s market cap is GBX 21.87 billion. The company’s 50-day moving average is GBX 1,741.84 and its 200 day moving average is GBX 1,693.11.
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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