WPP’s (LON:WPP) Buy Rating Reaffirmed at Citigroup

Citigroup restated their buy rating on shares of WPP (LON:WPP) in a research report sent to investors on Wednesday, June 13th.

A number of other analysts have also weighed in on the company. Credit Suisse Group restated a neutral rating and set a GBX 1,440 ($19.17) target price on shares of WPP in a report on Thursday, February 15th. Liberum Capital reaffirmed a buy rating and set a GBX 1,815 ($24.16) price target on shares of WPP in a research report on Tuesday, February 27th. UBS Group reaffirmed a buy rating and set a GBX 1,840 ($24.50) price target on shares of WPP in a research report on Monday, February 26th. Deutsche Bank reaffirmed a hold rating and set a GBX 1,510 ($20.10) price target on shares of WPP in a research report on Monday, March 12th. Finally, Morgan Stanley reduced their price target on WPP from GBX 1,600 ($21.30) to GBX 1,475 ($19.64) and set an equal weight rating on the stock in a research report on Friday, March 2nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. WPP currently has an average rating of Hold and a consensus target price of GBX 1,496.33 ($19.92).

WPP opened at GBX 1,220.50 ($16.25) on Wednesday, MarketBeat.com reports. WPP has a twelve month low of GBX 1,121.44 ($14.93) and a twelve month high of GBX 1,774 ($23.62).

About WPP

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 (LON:WPP)



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