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WPP PLC 13.1% Potential Upside Indicated by HSBC

Broker Ratings
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WPP PLC with EPIC/TICKER (LON:WPP) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. WPP PLC are listed in the Consumer Services sector within UK Main Market. HSBC have set their target price at 650 GBX on its stock. This would imply the analyst believes there is now a potential upside of 13.1% from today’s opening price of 574.8 GBX. Over the last 30 and 90 trading days the company share price has increased 73.2 points and decreased 461.7 points respectively. The 52 week high for the share price is currently at 1085.5 GBX while the 52 week low for the stock is 450 GBX.

WPP PLC has a 50 day moving average of 741.06 GBX and a 200 day moving average of 931.37. There are currently 1,225,329,072 shares in issue with the average daily volume traded being 8,790,041. Market capitalisation for LON:WPP is £7,131,414,780 GBP.

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