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WPP PLC 7.6% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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WPP PLC with EPIC/TICKER (LON:WPP) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. WPP PLC are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 565 GBX on its stock. This now indicates the analyst believes there is a potential downside of -7.6% from today’s opening price of 611.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 108.8 points and increased 47.6 points respectively. The 52 week high share price is 1085.5 GBX while the year low stock price is currently 450 GBX.

WPP PLC has a 50 day moving average of 641.37 GBX and a 200 Day Moving Average share price is recorded at 823.71. There are currently 1,225,329,072 shares in issue with the average daily volume traded being 4,534,364. Market capitalisation for LON:WPP is £7,261,299,354 GBP.

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