Wpp Plc (LON:WPP) was down 0% during trading on Tuesday . The stock traded as low as GBX 1,379 ($18.70) and last traded at GBX 1,381 ($18.73). Approximately 6,928,277 shares changed hands during mid-day trading, an increase of 75% from the average daily volume of 3,950,000 shares. The stock had previously closed at GBX 1,381 ($18.73).

A number of research firms have issued reports on WPP. Numis Securities reiterated an “under review” rating on shares of WPP in a research report on Tuesday, October 31st. Liberum Capital reiterated a “buy” rating and issued a GBX 1,815 ($24.61) target price on shares of WPP in a research report on Friday, November 17th. Shore Capital upgraded shares of WPP to a “buy” rating in a research report on Friday, September 29th. Deutsche Bank cut their target price on shares of WPP from GBX 1,750 ($23.73) to GBX 1,510 ($20.48) and set a “hold” rating for the company in a research report on Wednesday, November 1st. Finally, Morgan Stanley downgraded shares of WPP to an “equal weight” rating and cut their target price for the stock from GBX 1,930 ($26.17) to GBX 1,600 ($21.70) in a research report on Tuesday, September 26th. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 1,750 ($23.73).

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WPP 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.

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