WPP plc (LON:WPP - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 873.60 ($11.06) and last traded at GBX 872.20 ($11.04), with a volume of 3679135 shares changing hands. The stock had previously closed at GBX 867 ($10.97).
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of WPP from GBX 990 ($12.53) to GBX 950 ($12.02) and set a "buy" rating for the company in a research report on Friday, August 9th. Shore Capital reiterated a "buy" rating on shares of WPP in a research note on Wednesday, October 23rd. Finally, Citigroup restated a "buy" rating on shares of WPP in a research note on Thursday, September 5th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 946.67 ($11.98).
Read Our Latest Analysis on WPP
WPP Stock Performance
The company has a debt-to-equity ratio of 190.55, a quick ratio of 0.89 and a current ratio of 0.89. The stock's fifty day moving average is GBX 808.41 and its two-hundred day moving average is GBX 770.44. The firm has a market cap of £9.41 billion, a price-to-earnings ratio of 4,576.84, a PEG ratio of 13.47 and a beta of 1.13.
Insider Transactions at WPP
In other news, insider Joanne Wilson sold 8,794 shares of the company's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 860 ($10.88), for a total value of £75,628.40 ($95,720.04). Insiders own 0.22% of the company's stock.
WPP Company Profile
(
Get Free Report)
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.
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