Shares of WPP plc (LON:WPP – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat reports. One equities 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 target among brokerages that have issued ratings on the stock in the last year is GBX 910 ($12.17).
A number of brokerages have recently issued reports on WPP. Citigroup reissued a “buy” rating on shares of WPP in a report on Thursday, September 5th. Shore Capital restated a “buy” rating on shares of WPP in a research report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on WPP from GBX 990 ($13.24) to GBX 950 ($12.71) and set a “buy” rating on the stock in a research report on Friday, August 9th.
Get Our Latest Stock Analysis on WPP
WPP Trading Up 1.2 %
WPP Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 10th will be given a GBX 15 ($0.20) dividend. The ex-dividend date is Thursday, October 10th. This represents a yield of 2.09%. WPP’s payout ratio is 20,526.32%.
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.
Featured Articles
- Five stocks we like better than WPP
- What Does a Stock Split Mean?
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- Manufacturing Stocks Investing
- MarketBeat Week in Review – 9/30 – 10/4
- What is the S&P/TSX Index?
- Top Streaming Companies: Who’s Winning the Battle?
Receive News & Ratings for WPP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WPP and related companies with MarketBeat.com's FREE daily email newsletter.