WPP (LON:WPP) Given New GBX 480 Price Target at Berenberg Bank

WPP (LON:WPP) had its price objective upped by Berenberg Bank from GBX 470 to GBX 480 in a research report sent to investors on Friday,Digital Look reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also commented on WPP. JPMorgan Chase & Co. raised their price objective on shares of WPP from GBX 350 to GBX 390 and gave the stock a “neutral” rating in a report on Friday, August 7th. Citigroup upped their target price on shares of WPP from GBX 285 to GBX 430 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 425 target price on shares of WPP in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 431.25.

WPP Stock Performance

Shares of WPP stock opened at GBX 405.46 on Friday. The company has a debt-to-equity ratio of 276.02, a quick ratio of 0.89 and a current ratio of 0.87. The company has a market capitalization of £4.37 billion, a P/E ratio of -18.18, a price-to-earnings-growth ratio of 13.47 and a beta of 0.74. The company’s 50 day moving average price is GBX 385.50 and its two-hundred day moving average price is GBX 305.78. WPP has a 52 week low of GBX 218.50 and a 52 week high of GBX 420.17.

WPP (LON:WPP) last announced its quarterly earnings results on Friday, August 7th. The company reported GBX 1.80 earnings per share for the quarter. WPP had a negative net margin of 1.81% and a negative return on equity of 9.33%. On average, analysts expect that WPP will post 81.61 earnings per share for the current fiscal year.

Key Headlines Impacting WPP

Here are the key news stories impacting WPP this week:

• Positive Sentiment: Berenberg raised its price target for WPP from GBX 470 to GBX 480 and upgraded the stock to “buy,” signaling increased confidence in the company’s recovery prospects. Berenberg Bank stock recommendations
• Positive Sentiment: WPP reported third-quarter revenue of approximately £3.27 billion and reiterated its 2026 outlook. Management said its Elevate28 turnaround plan is gaining traction, with the company targeting a return to growth in 2027. WPP Q3 revenue edges up and confirms FY26 outlook
• Positive Sentiment: WPP Media returned to growth during the quarter, helping offset continued pressure in creative operations. The improvement suggests the group’s media and technology-focused businesses are providing greater stability. WPP Media returns to growth in Q3
• Positive Sentiment: WPP India delivered 2.9% growth in the third quarter, outperforming the broader Asia-Pacific market and providing a regional bright spot. WPP India returns to growth

About WPP

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.

We are a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent.