WPP plc – Consensus Indicates Potential -9.6% Downside

Broker Ratings
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WPP plc with ticker code (WPP) now have 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 75 and 67.6 with the average target price sitting at 71.3. Now with the previous closing price of 78.83 this would indicate that there is a downside of -9.6%. There is a 50 day moving average of 75.73 and the 200 day MA is 70.32. The market capitalisation for the company is $18,388m. You can visit the company’s website by visiting: https://www.wpp.com

The potential market cap would be $16,631m based on the market concensus.

WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. It engages in the planning and creation of marketing and branding campaigns; design and production of advertisements across all media; and provision of media buying services, including strategy and business development, media investment, data and technology, and content. The company also advises to clients who are seeking to communicate with a range of stakeholders from consumers to governments and the business and financial communities. WPP plc was founded in 1985 and is based in London, the United Kingdom.

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