WPP plc (LON:WPP) Receives Average Rating of "Moderate Buy" from Analysts

WPP plc (LON:WPP - Get Free Report) has been given an average rating of "Moderate Buy" by the six analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 946.67 ($11.89).

A number of equities analysts have weighed in on the stock. Citigroup reissued a "buy" rating on shares of WPP in a research report on Thursday, September 5th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of WPP from GBX 990 ($12.43) to GBX 950 ($11.93) and set a "buy" rating on the stock in a research report on Friday, August 9th. Finally, Shore Capital reaffirmed a "buy" rating on shares of WPP in a research report on Wednesday, October 23rd.

WPP Stock Up 1.1 %

LON:WPP traded up GBX 9.40 ($0.12) on Monday, reaching GBX 842.60 ($10.58). The stock had a trading volume of 11,135,745 shares, compared to its average volume of 4,371,108. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 190.55. The company has a 50-day moving average of GBX 798.78 and a 200 day moving average of GBX 769.68. The stock has a market cap of £9.10 billion, a P/E ratio of 4,434.74, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. WPP has a 12-month low of GBX 678.80 ($8.53) and a 12-month high of GBX 872.40 ($10.96).

About WPP

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.