Barclays upgraded shares of WPP (NYSE:WPP – Get Rating) from an equal weight rating to an overweight rating in a research report released on Tuesday, The Fly reports.
Several other research analysts have also issued reports on the stock. Morgan Stanley increased their price target on shares of WPP from GBX 730 ($9.02) to GBX 770 ($9.51) in a research report on Friday, December 16th. StockNews.com raised shares of WPP from a hold rating to a buy rating in a research report on Thursday, October 27th. JPMorgan Chase & Co. increased their price target on shares of WPP from GBX 1,210 ($14.94) to GBX 1,260 ($15.56) in a research report on Monday, December 12th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of WPP from GBX 1,370 ($16.92) to GBX 1,100 ($13.59) in a research note on Monday, October 17th. Finally, Berenberg Bank decreased their price objective on shares of WPP from GBX 915 ($11.30) to GBX 864 ($10.67) in a research note on Friday, November 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of $1,001.29.
WPP Price Performance
NYSE:WPP opened at $61.92 on Tuesday. WPP has a 12-month low of $39.67 and a 12-month high of $83.69. The firm has a 50-day moving average price of $53.20 and a 200 day moving average price of $47.28.
Institutional Trading of WPP
WPP Company Profile
WPP Plc is a creative transformation company, which engages in the provision of communications services. It operates through the following segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. The Global Integrated Agencies segment offers creative services including advertising, marketing, and brand strategies and campaigns across all media.
- Get a free copy of the StockNews.com research report on WPP (WPP)
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