WPP plc (NYSE:WPP – Get Free Report) has been assigned an average rating of “Reduce” from the five brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $46.00.
Separately, StockNews.com cut WPP from a “buy” rating to a “hold” rating in a report on Monday, May 20th.
Check Out Our Latest Stock Report on WPP
Institutional Trading of WPP
WPP Stock Up 0.5 %
NYSE:WPP opened at $52.83 on Wednesday. WPP has a 52 week low of $41.13 and a 52 week high of $57.30. The stock’s fifty day moving average is $49.64 and its two-hundred day moving average is $47.73. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.86 and a current ratio of 0.86.
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.
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