WPP plc – American Depositary Shares each representing five (NASDAQ:WPPGY) gapped up before the market opened on Thursday . The stock had previously closed at $115.61, but opened at $115.87. WPP plc – American Depositary Shares each representing five shares last traded at $117.51, with a volume of 182,297 shares trading hands.

Separately, Zacks Investment Research upgraded WPP plc – American Depositary Shares each representing five from a “sell” rating to a “hold” rating in a research report on Monday, July 11th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. WPP plc – American Depositary Shares each representing five has an average rating of “Hold” and a consensus target price of $133.00.

The company’s 50 day moving average price is $113.47 and its 200-day moving average price is $112.80. The firm has a market cap of $30.00 billion and a PE ratio of 20.35.

An institutional investor recently raised its position in WPP plc – American Depositary Shares each representing five stock. US Bancorp DE increased 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 Form 13F 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 about 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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