WPP’s (WPP) Hold Rating Reiterated at Shore Capital

Shore Capital reiterated their hold rating on shares of WPP (LON:WPP) in a report released on Friday.

Several other research firms have also weighed in on WPP. UBS Group reaffirmed a buy rating and issued a GBX 1,400 ($18.29) price objective (down from GBX 1,520 ($19.86)) on shares of WPP in a research note on Friday, October 19th. Liberum Capital reaffirmed a buy rating on shares of WPP in a research note on Friday, August 10th. Deutsche Bank reaffirmed a hold rating on shares of WPP in a research note on Wednesday, September 12th. Barclays reaffirmed an equal weight rating on shares of WPP in a research note on Friday, October 26th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 1,620 ($21.17) price objective on shares of WPP in a research note on Wednesday, September 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 1,300.53 ($16.99).

LON:WPP opened at GBX 815.80 ($10.66) on Friday. WPP has a twelve month low of GBX 1,121.44 ($14.65) and a twelve month high of GBX 1,774 ($23.18).

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 Consulting, Health & Wellness 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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Analyst Recommendations for WPP (LON:WPP)

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