WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) shares saw unusually-high trading volume on Tuesday . Approximately 226,183 shares were traded during mid-day trading, an increase of 9% from the previous session’s volume of 207,279 shares.The stock last traded at $108.31 and had previously closed at $109.42.

WPPGY has been the topic of a number of research reports. Wedbush upped their price target on shares of 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. Zacks Investment Research lowered shares of WPP plc – American Depositary Shares each representing five from a “hold” rating to a “sell” rating in a research note on Thursday, April 14th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. WPP plc – American Depositary Shares each representing five currently has a consensus rating of “Hold” and a consensus price target of $133.00.

The firm has a market cap of $27.68 billion and a PE ratio of 18.47. The stock has a 50-day moving average price of $109.69 and a 200 day moving average price of $110.93.

A hedge fund recently raised its stake in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE raised its stake in shares of WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) by 6.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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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