WPP (WPP) PT Set at GBX 1,840 by UBS
UBS set a GBX 1,840 ($24.76) price target on WPP (LON:WPP) in a research note published on Monday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also recently weighed in on the company. Deutsche Bank restated a hold rating and issued a GBX 1,750 ($23.55) price objective on shares of WPP in a report on Wednesday, October 25th. Liberum Capital restated a buy rating and issued a GBX 1,865 ($25.10) price objective on shares of WPP in a report on Monday, October 30th. J P Morgan Chase & Co raised their price objective on WPP from GBX 1,697 ($22.84) to GBX 1,750 ($23.55) and gave the company an overweight rating in a report on Tuesday, November 21st. Goldman Sachs Group restated a buy rating on shares of WPP in a report on Wednesday, September 13th. Finally, Credit Suisse Group decreased their price objective on WPP from GBX 1,600 ($21.53) to GBX 1,500 ($20.19) and set an outperform rating for the company in a report on Thursday, November 2nd. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 1,765.55 ($23.76).
WPP (WPP) opened at GBX 1,359.50 ($18.30) on Monday. WPP has a 1-year low of GBX 1,238.45 ($16.67) and a 1-year high of GBX 1,928.07 ($25.95).
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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