WPP (WPP) Earns Buy Rating from Liberum Capital
WPP (LON:WPP)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research report issued on Wednesday. They currently have a GBX 1,815 ($25.08) target price on the stock. Liberum Capital’s price objective suggests a potential upside of 36.59% from the stock’s current price.
WPP has been the topic of a number of other reports. Shore Capital reiterated a “buy” rating on shares of WPP in a research note on Monday, October 23rd. Macquarie reiterated an “outperform” rating and set a GBX 1,400 ($19.34) price objective on shares of WPP in a research note on Tuesday, January 2nd. Deutsche Bank reiterated a “hold” rating and set a GBX 1,750 ($24.18) price objective on shares of WPP in a research note on Wednesday, October 25th. JPMorgan Chase & Co. increased their price objective on shares of WPP from GBX 1,750 ($24.18) to GBX 1,758 ($24.29) and gave the company an “overweight” rating in a research note on Thursday, December 7th. Finally, Berenberg Bank dropped their price objective on shares of WPP from GBX 1,750 ($24.18) to GBX 1,410 ($19.48) and set a “hold” rating on the stock in a research note on Wednesday, November 1st. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 1,708.68 ($23.61).
WPP (LON WPP) opened at GBX 1,328.76 ($18.36) on Wednesday. WPP has a one year low of GBX 1,218.50 ($16.83) and a one year high of GBX 1,928.07 ($26.64).
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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