WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) gapped up before the market opened on Tuesday . The stock had previously closed at $106.92, but opened at $108.43. WPP plc – American Depositary Shares each representing five shares last traded at $111.41, with a volume of 98,331 shares.

Several research analysts have issued reports on WPPGY shares. Zacks Investment Research cut WPP plc – American Depositary Shares each representing five from a “hold” rating to a “sell” rating in a research report on Thursday, April 14th. Wedbush increased their price objective on WPP plc – American Depositary Shares each representing five from $132.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, April 29th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. WPP plc – American Depositary Shares each representing five has a consensus rating of “Hold” and an average target price of $133.00.

The firm’s 50 day moving average is $110.48 and its 200-day moving average is $111.09. The stock has a market cap of $28.15 billion and a P/E ratio of 19.26.

An institutional investor recently raised its position in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE boosted its stake in WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 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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