Key Points
- WPP insider Cindy Rose sold 88,227 shares on Monday, June 15, at an average price of GBX 282, for total proceeds of about £248,800.
- WPP shares were trading near GBX 282.60 at the time of the report, with the stock sitting between a 52-week low of GBX 218.50 and a high of GBX 547.80.
- Analysts remain cautious overall: WPP has a consensus rating of “Hold” and an average price target of GBX 350, though Berenberg reiterated a buy rating with a GBX 405 target.
WPP plc (LON:WPP - Get Free Report) insider Cindy Rose sold 88,227 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of GBX 282, for a total transaction of £248,800.14.
WPP Price Performance
Shares of LON:WPP opened at GBX 282.60 on Wednesday. WPP plc has a 52 week low of GBX 218.50 and a 52 week high of GBX 547.80. The company has a 50-day moving average price of GBX 268.04 and a 200 day moving average price of GBX 281.30. The company has a market cap of £3.05 billion, a P/E ratio of -14.13, a PEG ratio of 13.47 and a beta of 0.66. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 334.84.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 405 price target on shares of WPP in a report on Tuesday, June 9th. Citigroup upped their price objective on WPP from GBX 275 to GBX 285 and gave the stock a "neutral" rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, WPP has an average rating of "Hold" and a consensus target price of GBX 350.
Read Our Latest Research Report on WPP
WPP Company Profile
(
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WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.
We are a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent.
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