Wpp Plc (WPPGY) Receiving Somewhat Positive Media Coverage, Report Finds
News articles about Wpp Plc (NASDAQ:WPPGY) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wpp Plc earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.0178782103965 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
- Reviewing Wpp Plc (WPPGY) and Generation Next Franchise Brands (VEND) (americanbankingnews.com)
- Financial Comparison: Generation Next Franchise Brands (VEND) vs. WPP PLC (WPPGY) (americanbankingnews.com)
- Zacks Investment Research Lowers Wpp Plc (WPPGY) to Hold (americanbankingnews.com)
- Generation Next Franchise Brands (VEND) and WPP PLC (WPPGY) Critical Comparison (americanbankingnews.com)
- Grey Group Acquires Majority Stake in hug digital (finance.yahoo.com)
Wpp Plc (WPPGY) traded down 1.57% during mid-day trading on Friday, hitting $100.51. 205,096 shares of the stock traded hands. The company has a 50-day moving average of $102.29 and a 200 day moving average of $107.89. Wpp Plc has a 1-year low of $99.94 and a 1-year high of $121.55. The firm has a market capitalization of $25.47 billion, a P/E ratio of 14.31 and a beta of 1.19.
WPPGY has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Wpp Plc from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a research report on Thursday, July 13th. UBS AG assumed coverage on shares of Wpp Plc in a research report on Tuesday, June 13th. They set a “buy” rating on the stock. ValuEngine downgraded shares of Wpp Plc from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Deutsche Bank AG downgraded shares of Wpp Plc from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Finally, BidaskClub downgraded shares of Wpp Plc from a “hold” rating to a “sell” rating in a research note on Tuesday, June 20th. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. Wpp Plc currently has an average rating of “Hold” and an average price target of $121.50.
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About Wpp Plc
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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