Wpp Plc (WPP) Trading Down 0%
Wpp Plc (LON:WPP) was down 0% during trading on Wednesday . The stock traded as low as GBX 1,293 ($17.01) and last traded at GBX 1,253 ($16.48). Approximately 6,108,265 shares were traded during trading, an increase of 14% from the average daily volume of 5,350,000 shares. The stock had previously closed at GBX 1,253 ($16.48).
Several equities research analysts recently commented on WPP shares. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 1,750 ($23.02) price objective on shares of Wpp Plc in a research report on Wednesday, October 25th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Wpp Plc in a research report on Friday, July 21st. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Wpp Plc in a research report on Wednesday, September 13th. J P Morgan Chase & Co dropped their target price on Wpp Plc from GBX 1,900 ($24.99) to GBX 1,697 ($22.32) and set an “overweight” rating on the stock in a research report on Monday, September 4th. Finally, Shore Capital reissued a “buy” rating on shares of Wpp Plc in a research report on Monday, October 23rd. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,775.50 ($23.35).
The firm also recently announced a dividend, which was paid on Monday, November 6th. Investors of record on Thursday, October 5th were paid a dividend of GBX 22.70 ($0.30) per share. This represents a yield of 1.55%. The ex-dividend date was Thursday, October 5th.
In other Wpp Plc news, insider Jacques Aigrain bought 4,000 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The shares were bought at an average price of GBX 1,439 ($18.93) per share, with a total value of £57,560 ($75,706.96).
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About Wpp Plc
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.
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