WPP (LON:WPP) had its price objective upped by J P Morgan Chase & Co from GBX 1,750 ($23.55) to GBX 1,758 ($23.66) in a report published on Thursday morning. They currently have an overweight rating on the stock.
Several other research analysts have also recently commented on the company. Deutsche Bank reiterated a hold rating and issued a GBX 1,750 ($23.55) price target on shares of WPP in a research note on Wednesday, October 25th. Liberum Capital reiterated a buy rating and issued a GBX 1,865 ($25.10) price target on shares of WPP in a research note on Monday, October 30th. Goldman Sachs Group reiterated a buy rating on shares of WPP in a research note on Wednesday, September 13th. Credit Suisse Group cut their price target on WPP from GBX 1,600 ($21.53) to GBX 1,500 ($20.19) and set an outperform rating on the stock in a research note on Thursday, November 2nd. Finally, Shore Capital reiterated a buy rating on shares of WPP in a research note on Monday, October 23rd. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. WPP presently has an average rating of Buy and an average price target of GBX 1,776.05 ($23.90).
WPP (WPP) opened at GBX 1,334.37 ($17.96) on Thursday. WPP has a one year low of GBX 1,238.45 ($16.67) and a one year high of GBX 1,928.07 ($25.95).
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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