WPP (LON:WPP) Rating Reiterated by Shore Capital

WPP (LON:WPP)‘s stock had its “buy” rating restated by Shore Capital in a research note issued to investors on Thursday, Marketbeat.com reports.

WPP has been the subject of several other reports. Barclays restated an “overweight” rating and set a GBX 1,000 ($12.45) price objective on shares of WPP in a research report on Wednesday, January 31st. JPMorgan Chase & Co. raised their price objective on shares of WPP from GBX 850 ($10.58) to GBX 890 ($11.08) and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, WPP presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,005.83 ($12.52).

WPP Trading Up 0.4 %

Shares of WPP stock opened at GBX 774.20 ($9.64) on Thursday. The firm has a 50 day moving average price of GBX 738.64 and a two-hundred day moving average price of GBX 734.45. The company has a quick ratio of 0.89, a current ratio of 0.86 and a debt-to-equity ratio of 179.40. The company has a market capitalization of £8.28 billion, a PE ratio of 7,742.00, a price-to-earnings-growth ratio of 2.54 and a beta of 1.14. WPP has a 12-month low of GBX 656 ($8.17) and a 12-month high of GBX 965.60 ($12.02).

WPP Company Profile

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.