Kepler Capital Markets Reiterates Buy Rating for Wpp Plc (WPP)

Wpp Plc (LON:WPP)‘s stock had its “buy” rating reiterated by equities research analysts at Kepler Capital Markets in a research report issued on Tuesday. They currently have a GBX 2,100 ($27.26) price objective on the stock. Kepler Capital Markets’ price target would indicate a potential upside of 34.53% from the company’s previous close.

WPP has been the topic of a number of other research reports. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Wpp Plc in a research note on Friday, April 28th. Shore Capital lowered shares of Wpp Plc to a “hold” rating in a research note on Tuesday, June 27th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,025 ($26.29) target price on shares of Wpp Plc in a research note on Friday, July 7th. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,000 ($25.96) target price on shares of Wpp Plc in a research note on Wednesday, May 24th. Finally, Macquarie reaffirmed an “outperform” rating and set a GBX 1,800 ($23.37) target price on shares of Wpp Plc in a research note on Tuesday, August 1st. Seven analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Wpp Plc has an average rating of “Buy” and an average target price of GBX 1,944.29 ($25.24).

Wpp Plc (LON:WPP) opened at 1592.00 on Tuesday. The firm has a 50-day moving average price of GBX 1,573.75 and a 200 day moving average price of GBX 1,694.05. The firm’s market cap is GBX 20.17 billion. Wpp Plc has a 12-month low of GBX 1,531.00 and a 12-month high of GBX 1,928.07.

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Wpp Plc Company Profile

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 & Identity, Healthcare 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.

Analyst Recommendations for Wpp Plc (LON:WPP)

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