WPP’s (WPP) Buy Rating Reiterated at Citigroup

WPP (LON:WPP)‘s stock had its “buy” rating restated by Citigroup in a research note issued to investors on Monday.

Other analysts have also issued reports about the stock. Liberum Capital reiterated a “buy” rating and set a GBX 1,750 ($24.73) price target on shares of WPP in a research note on Monday. Shore Capital reiterated a “hold” rating and set a GBX 1,188 ($16.79) price target on shares of WPP in a research note on Monday. Berenberg Bank reiterated a “hold” rating and set a GBX 1,275 ($18.02) price target on shares of WPP in a research note on Wednesday, April 11th. Barclays cut their price target on shares of WPP from GBX 1,450 ($20.49) to GBX 1,375 ($19.43) and set an “equal weight” rating on the stock in a research note on Friday, March 2nd. Finally, Credit Suisse Group cut their price target on shares of WPP from GBX 1,440 ($20.35) to GBX 1,400 ($19.79) and set a “neutral” rating on the stock in a research note on Friday, March 2nd. Ten equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. WPP presently has a consensus rating of “Buy” and a consensus price target of GBX 1,594.68 ($22.54).

Shares of LON:WPP opened at GBX 1,167.22 ($16.50) on Monday. WPP has a 1 year low of GBX 1,121.44 ($15.85) and a 1 year high of GBX 1,774 ($25.07).

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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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