Deutsche Bank reaffirmed their hold rating on shares of WPP (LON:WPP) in a report published on Monday.

Several other research analysts have also recently weighed in on the stock. Credit Suisse Group restated a neutral rating and set a GBX 1,440 ($20.62) price target on shares of WPP in a report on Thursday, February 15th. Liberum Capital restated a buy rating and set a GBX 1,815 ($25.99) price target on shares of WPP in a report on Tuesday, December 19th. UBS restated a buy rating and set a GBX 1,840 ($26.35) price target on shares of WPP in a report on Monday, February 26th. Goldman Sachs cut shares of WPP from a buy rating to a neutral rating and cut their price target for the stock from GBX 1,830 ($26.20) to GBX 1,470 ($21.05) in a report on Tuesday, January 23rd. Finally, Macquarie restated an outperform rating and set a GBX 1,400 ($20.05) price target on shares of WPP in a report on Tuesday, January 2nd. Ten investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 1,583.37 ($22.67).

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WPP stock opened at GBX 1,120.50 ($16.04) on Monday. WPP has a fifty-two week low of GBX 1,121.44 ($16.06) and a fifty-two week high of GBX 1,774 ($25.40).

The business also recently announced a dividend, which will be paid on Monday, July 9th. Shareholders of record on Thursday, June 14th will be paid a GBX 37.30 ($0.53) dividend. This represents a yield of 2.91%. This is a boost from WPP’s previous dividend of $22.70. The ex-dividend date is Thursday, June 14th.

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About WPP

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.

Analyst Recommendations for WPP (LON:WPP)

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