Several other equities research analysts have also issued reports on WPP. Morgan Stanley lowered shares of WPP to an equal weight rating and reduced their target price for the stock from GBX 1,930 ($25.81) to GBX 1,600 ($21.39) in a report on Tuesday, September 26th. Shore Capital raised shares of WPP to a buy rating in a report on Friday, September 29th. Deutsche Bank reduced their target price on shares of WPP from GBX 1,750 ($23.40) to GBX 1,510 ($20.19) and set a hold rating for the company in a report on Wednesday, November 1st. Liberum Capital reissued a buy rating and issued a GBX 1,815 ($24.27) target price on shares of WPP in a report on Tuesday, December 19th. Finally, Barclays reissued an equal weight rating and issued a GBX 1,500 ($20.06) target price on shares of WPP in a report on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. WPP currently has an average rating of Buy and a consensus price target of GBX 1,750.55 ($23.41).
Shares of WPP (WPP) opened at GBX 1,330 ($17.78) on Tuesday. WPP has a 52-week low of GBX 1,238.45 ($16.56) and a 52-week high of GBX 1,928.07 ($25.78).
ILLEGAL ACTIVITY WARNING: This piece was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2018/01/05/wpp-wpp-earns-outperform-rating-from-macquarie.html.
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.
Receive News & Ratings for WPP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPP and related companies with MarketBeat.com's FREE daily email newsletter.