WPP (WPP) Stock Rating Reaffirmed by Liberum Capital

WPP (LON:WPP)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research note issued to investors on Tuesday. They presently have a GBX 1,815 ($24.43) price target on the stock. Liberum Capital’s target price suggests a potential upside of 36.47% from the stock’s previous close.

Several other research firms have also recently issued reports on WPP. Numis Securities reissued an “under review” rating on shares of WPP in a research note on Tuesday, October 31st. Shore Capital upgraded shares of WPP to a “buy” rating in a report on Friday, September 29th. Deutsche Bank lowered their price objective on shares of WPP from GBX 1,750 ($23.55) to GBX 1,510 ($20.32) and set a “hold” rating for the company in a report on Wednesday, November 1st. Morgan Stanley lowered shares of WPP to an “equal weight” rating and lowered their target price for the company from GBX 1,930 ($25.98) to GBX 1,600 ($21.53) in a report on Tuesday, September 26th. Finally, Berenberg Bank lowered their target price on shares of WPP from GBX 1,750 ($23.55) to GBX 1,410 ($18.98) and set a “hold” rating for the company in a report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. WPP presently has a consensus rating of “Buy” and an average target price of GBX 1,776.05 ($23.90).

Shares of WPP (LON WPP) opened at GBX 1,330 ($17.90) on Tuesday. WPP has a 12 month low of GBX 1,238.45 ($16.67) and a 12 month high of GBX 1,928.07 ($25.95).

TRADEMARK VIOLATION WARNING: This story was first posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.com-unik.info/2017/12/07/wpp-wpp-stock-rating-reaffirmed-by-liberum-capital.html.

About WPP

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.

Analyst Recommendations for WPP (LON:WPP)

What are top analysts saying about Wpp Plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Wpp Plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit