Liberum Capital Reiterates “Buy” Rating for WPP (WPP)
A number of other brokerages have also weighed in on WPP. Morgan Stanley lowered their target price on WPP from GBX 1,975 ($26.45) to GBX 1,930 ($25.85) and set an overweight rating on the stock in a research note on Friday, August 18th. Investec reiterated a hold rating on shares of WPP in a research note on Wednesday, August 23rd. Shore Capital reiterated a hold rating and set a GBX 1,594 ($21.35) target price on shares of WPP in a research note on Wednesday, August 23rd. Macquarie reiterated an outperform rating and set a GBX 1,800 ($24.11) target price on shares of WPP in a research note on Friday, August 11th. Finally, Kepler Capital Markets reiterated a buy rating and set a GBX 2,100 ($28.12) target price on shares of WPP in a research note on Tuesday, August 22nd. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. WPP presently has a consensus rating of Buy and an average price target of GBX 1,775.65 ($23.78).
WPP (WPP) opened at GBX 1,312.35 ($17.58) on Wednesday. WPP has a 52 week low of GBX 1,238.45 ($16.59) and a 52 week high of GBX 1,928.07 ($25.82).
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WPP Company Profile
WPP plc provides various communications services worldwide. The company operates through four segments: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.
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