Kepler Capital Markets reissued their neutral rating on shares of WPP (LON:WPP) in a research note released on Friday, Borsen Zeitung reports. They currently have a GBX 1,000 ($13.15) price target on the stock.

A number of other research analysts also recently issued reports on the company. HSBC boosted their price target on WPP from GBX 970 ($12.76) to GBX 980 ($12.89) and gave the company a hold rating in a report on Thursday, October 31st. Goldman Sachs Group reduced their price target on WPP from GBX 1,160 ($15.26) to GBX 1,045 ($13.75) and set a neutral rating on the stock in a report on Thursday. Deutsche Bank restated a buy rating and set a GBX 1,090 ($14.34) price target on shares of WPP in a report on Thursday. Bank of America downgraded WPP to an underperform rating and reduced their price target for the company from GBX 1,030 ($13.55) to GBX 900 ($11.84) in a report on Wednesday, January 15th. Finally, BMO Capital Markets boosted their price target on WPP from GBX 1,000 ($13.15) to GBX 1,100 ($14.47) and gave the company a market perform rating in a report on Wednesday, November 27th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. WPP presently has a consensus rating of Hold and a consensus price target of GBX 1,067 ($14.04).

LON:WPP traded down GBX 8.80 ($0.12) during mid-day trading on Friday, reaching GBX 752.80 ($9.90). 8,954,821 shares of the company’s stock traded hands, compared to its average volume of 6,860,000. WPP has a 12-month low of GBX 796.90 ($10.48) and a 12-month high of GBX 1,085.50 ($14.28). The firm has a market capitalization of $9.33 billion and a price-to-earnings ratio of 13.52. The company has a debt-to-equity ratio of 87.58, a current ratio of 0.95 and a quick ratio of 0.93. The company has a 50 day moving average price of GBX 977.93 and a 200-day moving average price of GBX 986.77.

The company also recently announced a dividend, which will be paid on Monday, July 6th. Shareholders of record on Thursday, June 11th will be issued a dividend of GBX 37.30 ($0.49) per share. This is an increase from WPP’s previous dividend of $22.70. The ex-dividend date of this dividend is Thursday, June 11th. This represents a dividend yield of 4.8%. WPP’s dividend payout ratio is 1.08%.

WPP Company Profile

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 Consulting, Health & Wellness 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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Analyst Recommendations for WPP (LON:WPP)

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