Analysts Set WPP plc (LON:WPP) PT at GBX 965.83

WPP plc (LON:WPP) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 920 ($11.64).

Several analysts have issued reports on WPP shares. Deutsche Bank Aktiengesellschaft dropped their target price on WPP from GBX 998 ($12.62) to GBX 990 ($12.52) and set a “buy” rating for the company in a report on Friday, June 28th. Shore Capital restated a “buy” rating on shares of WPP in a report on Thursday, June 27th. Finally, Citigroup restated a “buy” rating on shares of WPP in a report on Friday, June 28th.

WPP Stock Up 0.5 %

Shares of WPP opened at GBX 743.80 ($9.41) on Friday. The company has a debt-to-equity ratio of 179.40, a quick ratio of 0.89 and a current ratio of 0.86. WPP has a one year low of GBX 656 ($8.30) and a one year high of GBX 878.60 ($11.11). The stock has a market capitalization of £8.03 billion, a price-to-earnings ratio of 7,404.00, a PEG ratio of 13.47 and a beta of 1.11. The stock has a 50 day moving average price of GBX 791.84 and a 200 day moving average price of GBX 763.16.

WPP Company Profile

WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies.