WPP’s (WPP) “Equal weight” Rating Reiterated at Barclays

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Barclays reaffirmed their equal weight rating on shares of WPP (LON:WPP) in a research note published on Wednesday.

Several other equities research analysts have also weighed in on the company. Liberum Capital reaffirmed a buy rating on shares of WPP in a research report on Tuesday, June 26th. Citigroup reaffirmed a buy rating on shares of WPP in a research report on Wednesday, June 13th. Shore Capital reaffirmed a hold rating on shares of WPP in a research report on Friday, August 31st. Libertas Partners reissued a buy rating and set a GBX 1,750 ($22.57) price target on shares of WPP in a report on Friday, August 10th. Finally, Goldman Sachs Group set a GBX 1,441 ($18.59) price target on WPP and gave the company a neutral rating in a report on Monday, August 13th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 1,466.74 ($18.92).

Shares of WPP opened at GBX 1,140.25 ($14.71) on Wednesday. WPP has a 12-month low of GBX 1,121.44 ($14.47) and a 12-month high of GBX 1,774 ($22.88).

The company also recently announced a dividend, which will be paid on Monday, November 5th. Investors of record on Thursday, October 4th will be issued a dividend of GBX 22.70 ($0.29) per share. This represents a yield of 1.9%. The ex-dividend date of this dividend is Thursday, October 4th.

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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