Wpp Plc (LON:WPP)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a report released on Monday, May 15th.
WPP has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a GBX 2,220 ($28.08) target price on shares of Wpp Plc in a research report on Wednesday, February 8th. Morgan Stanley upgraded shares of Wpp Plc to an “overweight” rating and raised their target price for the company from GBX 1,900 ($24.04) to GBX 1,975 ($24.98) in a research report on Thursday, March 30th. HSBC Holdings plc cut their target price on shares of Wpp Plc from GBX 2,180 ($27.58) to GBX 2,000 ($25.30) and set a “buy” rating on the stock in a research report on Monday, March 6th. Societe Generale restated a “buy” rating and issued a GBX 2,200 ($27.83) target price on shares of Wpp Plc in a research report on Monday, March 6th. Finally, Macquarie restated an “outperform” rating and issued a GBX 2,100 ($26.57) target price on shares of Wpp Plc in a research report on Monday, March 6th. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 1,960.20 ($24.80).
Wpp Plc (WPP) opened at 1656.00 on Monday. The company’s market cap is GBX 20.98 billion. The company has a 50-day moving average of GBX 1,699.06 and a 200 day moving average of GBX 1,763.28. Wpp Plc has a 52-week low of GBX 1,470.00 and a 52-week high of GBX 1,928.07.
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In other news, insider Roberto Quarta bought 10,000 shares of the stock in a transaction that occurred on Wednesday, May 17th. The stock was acquired at an average price of GBX 1,729 ($21.87) per share, with a total value of £172,900 ($218,722.33).
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.
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