WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) gapped up prior to trading 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 traded.

WPPGY has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of WPP plc – American Depositary Shares each representing five from a “buy” rating to a “hold” rating in a report on Wednesday, June 29th. Wedbush upped their target price 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 report on Friday, April 29th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $133.00.

The company has a market capitalization of $29.49 billion and a P/E ratio of 20.16. The company’s 50-day moving average price is $111.42 and its 200-day moving average price is $111.93.

A hedge fund recently raised its stake in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE raised its position 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 filing 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 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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