WPP Rating Reiterated by Sanford C. Bernstein (WPP)
WPP (LON: WPP)‘s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. They currently have a $19.54 (1300 GBX) target price on the stock.
Shares of WPP opened at 1086.00 on Wednesday. WPP has a 52 week low of GBX 892.50 and a 52 week high of GBX 1083.00. The stock’s 50-day moving average is currently GBX 855..
WPP has been the subject of a number of other recent research reports. Analysts at Goldman Sachs raised their price target on shares of WPP from $16.61 to $17.36 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Berenberg Bank downgraded shares of WPP to a “sell” rating in a research note to investors on Tuesday. They now have a $15.78 price target on the stock, up previously from $12.78. Finally, analysts at HB Markets reiterated a “hold” rating on shares of WPP in a research note to investors on Monday.
WPP plc (WPP) operates in four segments: Advertising and Media Investment Management; Consumer Insight; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications.
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