WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $115.09, but opened at $115.33. WPP plc – American Depositary Shares each representing five shares last traded at $115.92, with a volume of 34,419 shares trading hands.

WPPGY has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded WPP plc – American Depositary Shares each representing five from a “sell” rating to a “hold” rating in a research note on Wednesday, April 20th. Wedbush boosted their price objective 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 research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $133.00.

The stock has a market cap of $29.72 billion and a price-to-earnings ratio of 20.19. The stock’s 50 day moving average price is $111.11 and its 200 day moving average price is $111.89.

A hedge fund recently raised its stake in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE increased 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 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 approximately 0.07% of WPP plc – American Depositary Shares each representing five worth $19,876,000 at the end of the most recent reporting period.

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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