Analysts Set WPP plc (LON:WPP) Price Target at GBX 946.67

Shares of WPP plc (LON:WPP) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 946.67 ($12.00).

WPP has been the topic of several research analyst reports. Shore Capital restated a “buy” rating on shares of WPP in a research note on Wednesday, October 23rd. Citigroup restated a “buy” rating on shares of WPP in a research report on Thursday, September 5th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of WPP from GBX 990 ($12.55) to GBX 950 ($12.04) and set a “buy” rating on the stock in a report on Friday, August 9th.

WPP Stock Performance

Shares of WPP opened at GBX 852.20 ($10.80) on Monday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 190.55. The business’s 50 day moving average price is GBX 802.75 and its 200-day moving average price is GBX 769.99. WPP has a 52 week low of GBX 678.80 ($8.61) and a 52 week high of GBX 872.40 ($11.06). The stock has a market cap of £9.20 billion, a P/E ratio of 4,485.26, a P/E/G ratio of 13.47 and a beta of 1.13.

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.