Wpp Plc (LON:WPP)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research report issued to clients and investors on Friday. They presently have a GBX 1,815 ($23.87) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 43.25% from the company’s previous close.
WPP has been the subject of several other research reports. Macquarie reiterated an “outperform” rating and issued a GBX 1,800 ($23.67) target price on shares of Wpp Plc in a research note on Friday, August 11th. Credit Suisse Group reduced their target price on shares of Wpp Plc from GBX 1,920 ($25.25) to GBX 1,600 ($21.04) and set an “outperform” rating for the company in a research note on Thursday, August 24th. Shore Capital reiterated a “hold” rating on shares of Wpp Plc in a research note on Monday, August 14th. Jefferies Group LLC reduced their target price on shares of Wpp Plc from GBX 2,000 ($26.31) to GBX 1,614 ($21.23) and set a “buy” rating for the company in a research note on Thursday, August 24th. Finally, Citigroup Inc. restated a “buy” rating and issued a GBX 2,100 ($27.62) price objective on shares of Wpp Plc in a research report on Thursday, September 28th. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 1,773 ($23.32).
Wpp Plc (WPP) opened at GBX 1,267 ($16.66) on Friday. Wpp Plc has a 12 month low of GBX 1,238.45 ($16.29) and a 12 month high of GBX 1,928.07 ($25.36).
In other Wpp Plc news, insider Jacques Aigrain acquired 4,000 shares of the stock in a transaction dated Friday, August 25th. The stock was purchased at an average cost of GBX 1,439 ($18.93) per share, for a total transaction of £57,560 ($75,706.96).
About Wpp Plc
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.
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