WPP (WPP)

Sector:

Media

Index:

FTSE 100

753.60p
   
  • Change Today:
      13.80p
  • 52 Week High: 967.20
  • 52 Week Low: 681.20
  • Currency: UK Pounds
  • Shares Issued: 1,074.84m
  • Volume: 2,204,996
  • Market Cap: £8,100m
  • RiskGrade: 162

Goldman Sachs upgrades WPP to 'buy'

By Michele Maatouk

Date: Thursday 19 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Goldman Sachs upgraded WPP on Thursday to 'buy' from 'neutral' and hiked the price target to 1,158p from 920p as it expects the shares to outperform this year as several headwinds begin to unwind/ease.
The bank also said that broader structural trends remain supportive of the industry's growth outlook.

"We see upside to consensus numbers on both organic growth and margins as a result, and also see optionality from portfolio optimisation and capital allocation upside," it said.

GS said the share price underperformance over the last year - down 22% versus global peers flat on average - offers a good entry point.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WPP Market Data

Currency UK Pounds
Share Price 753.60p
Change Today 13.80p
% Change 1.87 %
52 Week High 967.20
52 Week Low 681.20
Volume 2,204,996
Shares Issued 1,074.84m
Market Cap £8,100m
RiskGrade 162

WPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.10% above the market average79.10% above the market average79.10% above the market average79.10% above the market average79.10% above the market average
86.36% above the sector average86.36% above the sector average86.36% above the sector average86.36% above the sector average86.36% above the sector average
Price Trend
17.03% below the market average17.03% below the market average17.03% below the market average17.03% below the market average17.03% below the market average
2.13% above the sector average2.13% above the sector average2.13% above the sector average2.13% above the sector average2.13% above the sector average
Income
38.71% above the market average38.71% above the market average38.71% above the market average38.71% above the market average38.71% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Growth
95.04% below the market average95.04% below the market average95.04% below the market average95.04% below the market average95.04% below the market average
90.91% below the sector average90.91% below the sector average90.91% below the sector average90.91% below the sector average90.91% below the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 8
Sell 2
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WPP Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 12-Oct-23
Paid 05-Jul-24 03-Nov-23
Amount 24.40p 15.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 1,562,055 @ 753.60p
16:35 1,281 @ 753.60p
16:35 922 @ 753.60p
16:35 361 @ 753.60p
16:35 4,580 @ 753.60p

WPP Key Personnel

CEO Mark Read
CFO Joanne Wilson

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