WPP plc American Depositary Shares (WPP) Downgraded by ValuEngine to “Hold”

ValuEngine cut shares of WPP plc American Depositary Shares (NYSE:WPP) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

Several other research analysts also recently commented on the stock. Zacks Investment Research upgraded shares of WPP plc American Depositary Shares from a sell rating to a buy rating and set a $102.00 target price on the stock in a report on Tuesday, October 24th. Pivotal Research upgraded shares of WPP plc American Depositary Shares from a hold rating to a buy rating in a report on Tuesday, October 31st. Credit Suisse Group downgraded shares of WPP plc American Depositary Shares from an outperform rating to a neutral rating in a report on Tuesday, January 23rd. Macquarie downgraded shares of WPP plc American Depositary Shares from an outperform rating to a neutral rating in a report on Tuesday, January 2nd. Finally, Bank of America downgraded shares of WPP plc American Depositary Shares from a neutral rating to an underperform rating in a report on Thursday, January 25th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. WPP plc American Depositary Shares has an average rating of Hold and an average target price of $118.50.

WPP plc American Depositary Shares (WPP) opened at $86.03 on Friday. WPP plc American Depositary Shares has a twelve month low of $82.44 and a twelve month high of $119.12. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.67.

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About WPP plc American Depositary Shares

WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for WPP plc American Depositary Shares (NYSE:WPP)

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