Wpp Plc (WPP) Price Target Cut to GBX 2,032 by Analysts at JPMorgan Chase & Co.
Wpp Plc (LON:WPP) had its price target reduced by JPMorgan Chase & Co. from GBX 2,075 ($25.74) to GBX 2,032 ($25.21) in a report published on Tuesday. They currently have an overweight rating on the stock.
A number of other analysts have also weighed in on WPP. Jefferies Group lowered shares of Wpp Plc to a hold rating and decreased their target price for the stock from GBX 1,850 ($22.95) to GBX 1,820 ($22.58) in a report on Monday, September 26th. BNP Paribas upped their target price on shares of Wpp Plc from GBX 2,050 ($25.43) to GBX 2,250 ($27.91) and gave the stock an outperform rating in a report on Thursday, October 20th. HSBC upped their target price on shares of Wpp Plc from GBX 1,900 ($23.57) to GBX 2,050 ($25.43) and gave the stock a hold rating in a report on Friday, October 14th. Barclays PLC reaffirmed an overweight rating and set a GBX 2,100 ($26.05) target price on shares of Wpp Plc in a report on Monday, October 3rd. Finally, Numis Securities Ltd reaffirmed an add rating and set a GBX 1,975 ($24.50) target price on shares of Wpp Plc in a report on Tuesday, August 30th. Nine equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Wpp Plc currently has an average rating of Buy and a consensus target price of GBX 1,868.82 ($23.18).
Wpp Plc (LON:WPP) opened at 1720.00 on Tuesday. Wpp Plc has a one year low of GBX 1,204.00 and a one year high of GBX 1,875.00. The firm’s market cap is GBX 22.08 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 Company Profile
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.
Receive News & Stock Ratings for Wpp Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wpp Plc and related stocks with our FREE daily email newsletter.