Wpp Plc (LON:WPP) announced a dividend on Wednesday, August 24th. Stockholders of record on Thursday, October 6th will be paid a dividend of GBX 19.55 ($0.26) per share on Monday, November 7th. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, October 6th. The official announcement can be accessed at this link.
Shares of Wpp Plc (LON:WPP) opened at 1814.00 on Friday. Wpp Plc has a 52 week low of GBX 1,204.00 and a 52 week high of GBX 1,875.00. The firm’s market capitalization is GBX 23.29 billion. The stock’s 50 day moving average price is GBX 1,783.22 and its 200-day moving average price is GBX 1,660.02.
A number of equities analysts have weighed in on the company. Jefferies Group lowered Wpp Plc to a “hold” rating and decreased their target price for the stock from GBX 1,850 ($24.15) to GBX 1,820 ($23.76) in a research note on Monday, September 26th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,975 ($25.78) price objective on shares of Wpp Plc in a research report on Thursday, September 8th. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,975 ($25.78) price objective on shares of Wpp Plc in a research report on Tuesday, August 30th. Barclays PLC reiterated an “overweight” rating and set a GBX 2,100 ($27.41) price objective on shares of Wpp Plc in a research report on Wednesday, August 31st. Finally, Liberum Capital reiterated a “hold” rating and set a GBX 1,800 ($23.50) price objective on shares of Wpp Plc in a research report on Wednesday, August 31st. Ten research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,827.36 ($23.85).
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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