Citigroup Inc. Reiterates “Buy” Rating for Wpp Plc (LON:WPP)

Wpp Plc (LON:WPP)‘s stock had its “buy” rating restated by equities researchers at Citigroup Inc. in a research note issued on Friday.

Other analysts have also issued research reports about the company. Liberum Capital restated a “buy” rating and issued a GBX 2,000 ($26.12) price objective on shares of Wpp Plc in a report on Sunday, April 9th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a GBX 2,090 ($27.29) price objective on shares of Wpp Plc in a report on Tuesday, April 25th. BNP Paribas restated an “outperform” rating and issued a GBX 2,150 ($28.08) price objective on shares of Wpp Plc in a report on Friday, April 28th. UBS AG began coverage on Wpp Plc in a report on Tuesday, June 13th. They issued a “buy” rating and a GBX 2,050 ($26.77) price objective for the company. Finally, Shore Capital restated a “buy” rating on shares of Wpp Plc in a report on Wednesday, April 19th. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 1,956.62 ($25.55).

Wpp Plc (LON:WPP) opened at 1552.00 on Friday. Wpp Plc has a 12 month low of GBX 1,544.00 and a 12 month high of GBX 1,928.07. The stock’s market cap is GBX 19.66 billion. The stock has a 50 day moving average price of GBX 1,690.80 and a 200-day moving average price of GBX 1,760.10.

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In other news, insider Roberto Quarta bought 10,000 shares of the company’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average cost of GBX 1,729 ($22.58) per share, with a total value of £172,900 ($225,776.97).

About Wpp Plc

WPP plc (WPP) operates in four segments: Advertising and Media Investment Management; Consumer Insight; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications. Advertising and Media Investment Management, where it operates advertising networks Ogilvy & Mather Advertising, JWT, Y&R, Grey, bates and the United Network.

Analyst Recommendations for Wpp Plc (LON:WPP)

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