WPP (LON:WPP)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a research note issued on Monday, March 12th. They currently have a GBX 1,510 ($20.86) target price on the stock. Deutsche Bank’s price objective points to a potential upside of 28.89% from the company’s previous close.
WPP has been the topic of a number of other research reports. Macquarie reaffirmed an “outperform” rating and set a GBX 1,400 ($19.34) price target on shares of WPP in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. upped their price target on WPP from GBX 1,750 ($24.18) to GBX 1,758 ($24.29) and gave the company an “overweight” rating in a research report on Thursday, December 7th. Goldman Sachs cut WPP from a “buy” rating to a “neutral” rating and dropped their price target for the company from GBX 1,830 ($25.28) to GBX 1,470 ($20.31) in a research report on Tuesday, January 23rd. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,815 ($25.08) price target on shares of WPP in a research report on Wednesday, February 14th. Finally, UBS set a GBX 1,840 ($25.42) price target on WPP and gave the company a “buy” rating in a research report on Monday, December 11th. Ten investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of GBX 1,621.05 ($22.40).
WPP stock opened at GBX 1,171.50 ($16.19) on Monday. WPP has a 1 year low of GBX 1,121.44 ($15.49) and a 1 year high of GBX 1,774 ($24.51).
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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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