WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $111.26, but opened at $111.77. WPP plc – American Depositary Shares each representing five shares last traded at $113.73, with a volume of 51,901 shares traded.

A number of equities analysts have recently weighed in on WPPGY shares. Wedbush upped their target price 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. Zacks Investment Research lowered WPP plc – American Depositary Shares each representing five from a “hold” rating to a “sell” rating in a research report on Thursday, April 14th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. WPP plc – American Depositary Shares each representing five has an average rating of “Hold” and an average price target of $133.00.

The company has a market capitalization of $29.07 billion and a price-to-earnings ratio of 19.43. The stock has a 50 day moving average of $109.50 and a 200 day moving average of $111.21.

A hedge fund recently raised its stake in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE raised its position in 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 Securities and Exchange Commission (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 as of its most recent filing with the SEC.

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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