WPP (WPP) Given a GBX 1,840 Price Target at UBS Group

UBS Group set a GBX 1,840 ($24.60) target price on WPP (LON:WPP) in a research note issued to investors on Monday, December 11th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Several other brokerages also recently commented on WPP. Morgan Stanley reduced their price target on shares of WPP from GBX 1,975 ($26.41) to GBX 1,930 ($25.81) and set an overweight rating for the company in a research report on Friday, August 18th. Investec reiterated a hold rating on shares of WPP in a research report on Wednesday, August 23rd. Liberum Capital reiterated a buy rating and issued a GBX 2,000 ($26.74) target price on shares of WPP in a research report on Wednesday, August 23rd. Shore Capital restated a hold rating and set a GBX 1,594 ($21.31) price target on shares of WPP in a research note on Wednesday, August 23rd. Finally, Kepler Capital Markets restated a buy rating and set a GBX 2,100 ($28.08) price target on shares of WPP in a research note on Tuesday, August 22nd. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of GBX 1,765.55 ($23.61).

WPP (WPP) remained flat at $GBX 1,345 ($17.98) during trading on Monday. WPP has a 12-month low of GBX 1,238.45 ($16.56) and a 12-month high of GBX 1,928.07 ($25.78).

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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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