WPP (NYSE:WPP) was upgraded by Exane BNP Paribas from an “underperform” rating to a “neutral” rating in a report issued on Monday, The Fly reports.
Other equities research analysts have also recently issued research reports about the stock. BNP Paribas upgraded shares of WPP from an “underperform” rating to a “neutral” rating in a research report on Monday. Credit Suisse Group reiterated an “underperform” rating on shares of WPP in a research report on Friday, December 18th. Bank of America upgraded shares of WPP from an “underperform” rating to a “neutral” rating in a research report on Thursday, December 17th. Zacks Investment Research lowered shares of WPP from a “hold” rating to a “sell” rating in a research note on Tuesday, October 27th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of WPP in a research note on Friday, December 18th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold”.
Shares of WPP stock opened at $55.56 on Monday. The stock has a market capitalization of $13.62 billion, a P/E ratio of 11.13 and a beta of 1.40. The company has a 50-day simple moving average of $53.13 and a 200 day simple moving average of $44.07. WPP has a 12-month low of $27.18 and a 12-month high of $69.33.
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, Asia Pacific, Latin America, Africa, 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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