WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) saw an uptick in trading volume on Wednesday . 132,078 shares changed hands during mid-day trading, a decline of 11% from the previous session’s volume of 148,887 shares.The stock last traded at $105.32 and had previously closed at $105.24.

Several research analysts have recently commented on the company. Zacks Investment Research upgraded WPP plc – American Depositary Shares each representing five from a “hold” rating to a “buy” rating and set a $131.00 target price for the company in a research report on Monday, May 2nd. Wedbush boosted their target price on WPP plc – American Depositary Shares each representing five from $132.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, April 29th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $133.00.

The company has a 50-day moving average of $111.27 and a 200-day moving average of $111.29. The company has a market cap of $26.91 billion and a PE ratio of 17.70.

An institutional investor recently raised its position in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE increased its stake in shares of WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) by 6.5% during the fourth quarter, Holdings Channel reports. The firm owned 173,222 shares of the company’s stock after buying an additional 10,605 shares during the period. US Bancorp DE owned about 0.07% of WPP plc – American Depositary Shares each representing five worth $19,876,000 at the end of the most recent quarter.

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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