WPP (WPP) Earns “Hold” Rating from Deutsche Bank

Deutsche Bank restated their hold rating on shares of WPP (LON:WPP) in a research note released on Monday. They currently have a GBX 1,510 ($20.32) target price on the stock.

A number of other equities analysts have also recently weighed in on WPP. Liberum Capital reissued a buy rating and issued a GBX 2,000 ($26.92) price target on shares of WPP in a research note on Monday, August 7th. Macquarie reissued an outperform rating and issued a GBX 1,800 ($24.23) price target on shares of WPP in a research note on Friday, August 11th. Shore Capital reissued a hold rating on shares of WPP in a research note on Monday, August 14th. Morgan Stanley lowered their target price on WPP from GBX 1,975 ($26.58) to GBX 1,930 ($25.98) and set an overweight rating on the stock in a research note on Friday, August 18th. Finally, Kepler Capital Markets reaffirmed a buy rating and set a GBX 2,100 ($28.26) target price on shares of WPP in a research note on Tuesday, August 22nd. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. WPP currently has a consensus rating of Buy and a consensus price target of GBX 1,776.05 ($23.90).

Shares of WPP (LON:WPP) opened at GBX 1,330 ($17.90) on Monday. WPP has a 1 year low of GBX 1,238.45 ($16.67) and a 1 year high of GBX 1,928.07 ($25.95).

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WPP 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 (LON:WPP)

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