Shares of Wpp Plc (LON:WPP) have earned an average recommendation of “Buy” from the twenty-four analysts that are covering the stock. Ten investment analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 1,848.67 ($24.13).
Several equities analysts have commented on the company. Barclays PLC reiterated an “overweight” rating and issued a GBX 2,100 ($27.41) target price on shares of Wpp Plc in a research report on Monday. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 1,989 ($25.96) target price on shares of Wpp Plc in a research report on Wednesday, September 28th. Jefferies Group downgraded Wpp Plc to a “hold” rating and dropped their target price for the company from GBX 1,850 ($24.15) to GBX 1,820 ($23.76) in a research report on Monday, September 26th. Liberum Capital reiterated a “hold” rating and issued a GBX 1,800 ($23.50) target price on shares of Wpp Plc in a research report on Wednesday, September 14th. Finally, Credit Suisse Group AG restated a “buy” rating and set a GBX 2,100 ($27.41) price objective on shares of Wpp Plc in a research report on Friday, September 9th.
Wpp Plc (LON:WPP) opened at 1807.5475 on Friday. The firm’s 50-day moving average price is GBX 1,783.22 and its 200-day moving average price is GBX 1,660.02. The firm’s market cap is GBX 23.21 billion. Wpp Plc has a 52-week low of GBX 1,204.00 and a 52-week high of GBX 1,875.00.
The company also recently announced a dividend, which will be paid on Monday, November 7th. Shareholders of record on Thursday, October 6th will be paid a GBX 19.55 ($0.26) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 1.1%.
Wpp Plc Company Profile
WPP plc (WPP) operates in four segments: Advertising and Media Investment Management; Consumer Insight; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications. Advertising and Media Investment Management, where it operates advertising networks Ogilvy & Mather Advertising, JWT, Y&R, Grey, bates and the United Network.
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