Shore Capital reiterated their buy rating on shares of WPP (LON:WPP – Free Report) in a report issued on Wednesday morning, Marketbeat Ratings reports.
WPP has been the subject of a number of other reports. Citigroup reissued a “buy” rating on shares of WPP in a research note on Thursday, September 5th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of WPP from GBX 990 ($12.85) to GBX 950 ($12.33) and set a “buy” rating for the company in a research note on Friday, August 9th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 946.67 ($12.29).
Check Out Our Latest Research Report on WPP
WPP Stock Down 0.9 %
WPP Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 15 ($0.19) per share. This represents a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, October 10th. WPP’s dividend payout ratio is presently 20,526.32%.
WPP Company Profile
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.
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