WPP plc – Consensus ‘Underperform’ rating and 2.3% Upside Potential

Broker Ratings
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WPP plc with ticker code (WPP) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Underperform’. The range between the high target price and low target price is between 66.4 and 55 calculating the average target price we see $60.70. Given that the stocks previous close was at $59.33 this now indicates there is a potential upside of 2.3%. The 50 day MA is $59.74 and the 200 day MA is $51.31. The market cap for the company is $12,741m. Company Website: https://www.wpp.com

The potential market cap would be $13,035m based on the market consensus.

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 offers advertising, marketing, brand strategies, and campaigns across all media; and provides media planning and buying services. It also provides media investment; data and technology, and content services. The company also offers public relations and specialist agency services. WPP plc was founded in 1985 and is based in London, the United Kingdom.

The company has a dividend yield of 3.9% with the ex dividend date set at 8-6-2023 (DMY).

Other points of data to note are a P/E ratio of 15.52, revenue per share of 13.14 and a 2.98% return on assets.

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