Pivotal Research lowered shares of WPP plc American Depositary Shares (NYSE:WPP) from a buy rating to a hold rating in a research note published on Tuesday morning, MarketBeat reports.
WPP has been the subject of a number of other research reports. Bank of America downgraded shares of WPP plc American Depositary Shares from a neutral rating to an underperform rating in a report on Thursday, January 25th. Goldman Sachs Group reissued a neutral rating on shares of WPP plc American Depositary Shares in a report on Wednesday, January 24th. Zacks Investment Research raised shares of WPP plc American Depositary Shares from a sell rating to a buy rating and set a $102.00 price objective for the company in a report on Tuesday, October 24th. Macquarie downgraded shares of WPP plc American Depositary Shares from an outperform rating to a neutral rating in a report on Tuesday, January 2nd. Finally, Credit Suisse Group downgraded shares of WPP plc American Depositary Shares from an outperform rating to a neutral rating in a report on Tuesday, January 23rd. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $118.50.
Shares of WPP plc American Depositary Shares (NYSE WPP) opened at $97.03 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.67. WPP plc American Depositary Shares has a twelve month low of $82.44 and a twelve month high of $118.19.
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About WPP plc American Depositary Shares
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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