Shares of WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) saw unusually-strong trading volume on Thursday . Approximately 121,387 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 92,022 shares.The stock last traded at $118.37 and had previously closed at $117.08.

Several analysts have issued reports on WPPGY shares. Zacks Investment Research upgraded WPP plc – American Depositary Shares each representing five from a “sell” rating to a “hold” rating in a report on Monday, July 11th. Wedbush boosted their price objective on WPP plc – American Depositary Shares each representing five from $132.00 to $135.00 and gave the stock 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 assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $133.00.

The stock has a 50 day moving average of $112.71 and a 200-day moving average of $112.36. The company has a market cap of $29.96 billion and a PE ratio of 20.32.

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