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WPP PLC 15.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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WPP PLC using EPIC/TICKER code (LON:WPP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. WPP PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 750 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15.5% from the opening price of 649.2 GBX. Over the last 30 and 90 trading days the company share price has increased 97.8 points and decreased 324 points respectively. The 52 week high for the share price is currently at 1085.5 GBX while the year low share price is currently 450 GBX.

WPP PLC has a 50 day moving average of 638.30 GBX and a 200 Day Moving Average share price is recorded at 907.72. There are currently 1,225,329,072 shares in issue with the average daily volume traded being 7,280,809. Market capitalisation for LON:WPP is £7,931,830,435 GBP.

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