Shore Capital upgraded shares of Wpp Plc (LON:WPP) to a buy rating in a report issued on Friday morning.

WPP has been the subject of a number of other research reports. Credit Suisse Group restated an outperform rating on shares of Wpp Plc in a research note on Friday, July 21st. Deutsche Bank AG reaffirmed a hold rating and set a GBX 1,750 ($23.21) price objective (down from GBX 1,890 ($25.07)) on shares of Wpp Plc in a report on Monday, July 17th. J P Morgan Chase & Co lowered their price objective on Wpp Plc from GBX 1,900 ($25.20) to GBX 1,697 ($22.51) and set an overweight rating on the stock in a research note on Monday, September 4th. Goldman Sachs Group, Inc. (The) reiterated a buy rating on shares of Wpp Plc in a research note on Wednesday, September 13th. Finally, Macquarie reissued an outperform rating and issued a GBX 2,000 ($26.53) target price on shares of Wpp Plc in a report on Monday, June 12th. Six research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Wpp Plc has an average rating of Buy and an average price target of GBX 1,830.48 ($24.28).

Shares of Wpp Plc (WPP) opened at 1393.00 on Friday. The company’s market cap is GBX 17.64 billion. The company has a 50 day moving average price of GBX 1,436.33 and a 200 day moving average price of GBX 1,604.36. Wpp Plc has a one year low of GBX 1,345.00 and a one year high of GBX 1,928.07.

COPYRIGHT VIOLATION NOTICE: “Wpp Plc (WPP) Upgraded to “Buy” at Shore Capital” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at

The company also recently disclosed a dividend, which will be paid on Monday, November 6th. Shareholders of record on Thursday, October 5th will be given a GBX 22.70 ($0.30) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 1.55%.

In other news, insider Jacques Aigrain bought 4,000 shares of the company’s stock in a transaction dated Friday, August 25th. The stock was bought at an average price of GBX 1,439 ($19.09) per share, for a total transaction of £57,560 ($76,349.65).

Wpp Plc Company Profile

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.

Analyst Recommendations for Wpp Plc (LON:WPP)

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.