WPP plc (WPP) Receives Consensus Recommendation of “Hold” from Brokerages

WPP plc (NYSE:WPP) has been given an average recommendation of “Hold” by the fourteen research firms that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company.

A number of research firms have weighed in on WPP. Pivotal Research downgraded WPP from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Credit Suisse Group downgraded WPP from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 23rd. Bank of America downgraded WPP from a “neutral” rating to an “underperform” rating in a report on Thursday, January 25th. Goldman Sachs reiterated a “neutral” rating on shares of WPP in a research note on Wednesday, January 24th. Finally, ValuEngine cut shares of WPP from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd.

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NYSE WPP opened at $79.64 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.95 and a current ratio of 0.98. The company has a market cap of $20,359.28, a price-to-earnings ratio of 10.26, a P/E/G ratio of 4.46 and a beta of 1.10. WPP has a 1-year low of $76.68 and a 1-year high of $113.51.

The company also recently announced a Semi-Annual dividend, which will be paid on Monday, July 9th. Stockholders of record on Friday, June 15th will be paid a $2.566 dividend. The ex-dividend date is Thursday, June 14th. WPP’s dividend payout ratio (DPR) is currently 49.61%.

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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 (NYSE:WPP)

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