WPP (WPP) Receives Hold Rating from Shore Capital
WPP (LON:WPP)‘s stock had its “hold” rating reaffirmed by research analysts at Shore Capital in a report issued on Friday.
Other equities research analysts also recently issued research reports about the stock. Berenberg Bank reiterated a “sell” rating and set a GBX 1,075 ($13.87) target price on shares of WPP in a research note on Thursday. Liberum Capital reiterated a “buy” rating on shares of WPP in a research note on Wednesday, May 30th. Citigroup reiterated a “buy” rating on shares of WPP in a research note on Friday, May 18th. Barclays reiterated an “equal weight” rating on shares of WPP in a research note on Friday, July 6th. Finally, Libertas Partners reiterated a “buy” rating and set a GBX 1,750 ($22.57) target price on shares of WPP in a research note on Friday, August 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,495.28 ($19.29).
Shares of WPP opened at GBX 1,291.50 ($16.66) on Friday. WPP has a fifty-two week low of GBX 1,121.44 ($14.47) and a fifty-two week high of GBX 1,774 ($22.88).
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 Consulting, Health & Wellness 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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