Wpp Plc (WPP) Stock Rating Reaffirmed by Kepler Capital Markets
Wpp Plc (LON:WPP)‘s stock had its “buy” rating reissued by research analysts at Kepler Capital Markets in a research report issued on Friday. They currently have a GBX 1,950 ($24.19) price objective on the stock. Kepler Capital Markets’ target price points to a potential upside of 13.14% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. BNP Paribas reiterated an “outperform” rating and set a GBX 2,250 ($27.91) price objective on shares of Wpp Plc in a research report on Tuesday, November 1st. Numis Securities Ltd increased their price objective on shares of Wpp Plc from GBX 1,775 ($22.02) to GBX 1,975 ($24.50) and gave the company an “add” rating in a research report on Wednesday, August 24th. Liberum Capital reiterated a “hold” rating and set a GBX 1,800 ($22.33) price objective on shares of Wpp Plc in a research report on Tuesday, September 6th. HSBC increased their price objective on shares of Wpp Plc from GBX 1,750 ($21.71) to GBX 1,900 ($23.57) and gave the company a “hold” rating in a research report on Thursday, August 25th. Finally, Macquarie reiterated an “outperform” rating and set a GBX 1,850 ($22.95) price objective on shares of Wpp Plc in a research report on Monday, August 1st. Nine analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,866.23 ($23.15).
Shares of Wpp Plc (LON:WPP) opened at 1706.00 on Friday. The company’s market cap is GBX 21.91 billion. The stock’s 50 day moving average is GBX 1,730.83 and its 200-day moving average is GBX 1,694.58. Wpp Plc has a 52 week low of GBX 1,204.00 and a 52 week high of GBX 1,875.00.
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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