WPP (LON:WPP) Insider Cindy Rose Sells 88,227 Shares

WPP plc (LON:WPP) insider Cindy Rose sold 88,227 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of GBX 282, for a total transaction of £248,800.14.

WPP Price Performance

LON WPP traded up GBX 0.20 during trading hours on Tuesday, reaching GBX 282.20. The company’s stock had a trading volume of 471,307,469 shares, compared to its average volume of 41,441,129. The stock has a market cap of £3.04 billion, a PE ratio of -14.11, a PEG ratio of 13.47 and a beta of 0.66. WPP plc has a fifty-two week low of GBX 218.50 and a fifty-two week high of GBX 547.80. The company’s 50-day moving average is GBX 267.19 and its two-hundred day moving average is GBX 281.44. The company has a debt-to-equity ratio of 334.84, a quick ratio of 0.89 and a current ratio of 0.89.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 405 price objective on shares of WPP in a research note on Tuesday, June 9th. Citigroup upped their target price on shares of WPP from GBX 275 to GBX 285 and gave the company a “neutral” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, WPP currently has a consensus rating of “Hold” and a consensus price target of GBX 350.

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.