WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) saw unusually-high trading volume on Monday . Approximately 129,902 shares changed hands during mid-day trading, an increase of 30% from the previous session’s volume of 100,086 shares.The stock last traded at $115.09 and had previously closed at $114.89.

WPPGY has been the subject of several recent research reports. Zacks Investment Research raised WPP plc – American Depositary Shares each representing five from a “hold” rating to a “buy” rating and set a $131.00 price target for the company in a research report on Monday, May 2nd. Wedbush boosted their price target 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 equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $133.00.

The firm has a market cap of $29.25 billion and a P/E ratio of 19.88. The stock’s 50-day moving average is $110.39 and its 200 day moving average is $111.83.

A hedge fund recently raised its stake 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 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 SEC filing.

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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