Wpp Plc (LON:WPP)‘s stock had its “overweight” rating reissued by stock analysts at Barclays PLC in a research note issued to investors on Monday. They currently have a GBX 2,100 ($27.41) price objective on the stock. Barclays PLC’s target price suggests a potential upside of 13.51% from the company’s previous close.
WPP has been the topic of a number of other reports. Numis Securities Ltd restated an “add” rating and issued a GBX 1,975 ($25.78) price target on shares of Wpp Plc in a research report on Tuesday, August 30th. Jefferies Group lowered shares of Wpp Plc to a “hold” rating and reduced their price target for the company from GBX 1,850 ($24.15) to GBX 1,820 ($23.76) in a research report on Monday, September 26th. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 1,989 ($25.96) price target on shares of Wpp Plc in a research report on Wednesday, September 28th. Liberum Capital restated a “hold” rating and issued a GBX 1,800 ($23.50) price target on shares of Wpp Plc in a research report on Wednesday, September 14th. Finally, Societe Generale restated a “buy” rating and issued a GBX 2,130 ($27.80) price target on shares of Wpp Plc in a research report on Thursday, August 25th. Ten research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Wpp Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 1,827.36 ($23.85).
Wpp Plc (LON:WPP) opened at 1850.00 on Monday. The firm’s market cap is GBX 23.75 billion. Wpp Plc has a 1-year low of GBX 1,204.00 and a 1-year high of GBX 1,875.00. The company has a 50-day moving average of GBX 1,786.33 and a 200-day moving average of GBX 1,663.64.
The company also recently declared 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. This represents a yield of 1.1%. The ex-dividend date is Thursday, October 6th.
About Wpp Plc
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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