WPP plc (LON:WPP) Insider Joanne Wilson Sells 8,794 Shares

WPP plc (LON:WPP) insider Joanne Wilson sold 8,794 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of GBX 860 ($10.90), for a total transaction of £75,628.40 ($95,829.19).

WPP Trading Up 0.0 %

LON:WPP opened at GBX 867.20 ($10.99) on Wednesday. WPP plc has a 52 week low of GBX 678.80 ($8.60) and a 52 week high of GBX 878.40 ($11.13). The firm has a 50-day moving average price of GBX 810.44 and a two-hundred day moving average price of GBX 770.59. The company has a debt-to-equity ratio of 190.55, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market cap of £9.37 billion, a price-to-earnings ratio of 4,564.21, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of WPP in a report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft cut their price target on WPP from GBX 990 ($12.54) to GBX 950 ($12.04) and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, Shore Capital reaffirmed a “buy” rating on shares of WPP in a research report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 946.67 ($12.00).

About WPP

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.