Price Action Report: WPP plc – American Depositary Shares each representing five Ordinary Shares Can’t Be More Safe. Trades Significantly Higher

Price Action Report: WPP plc   American Depositary Shares each representing five Ordinary Shares Can't Be More Safe. Trades Significantly Higher

The stock of WPP plc – American Depositary Shares each representing five Ordinary Shares (NASDAQ:WPPGY) is a huge mover today! About 156,766 shares traded hands or 58.48% up from the average. WPP plc – American Depositary Shares each representing five Ordinary Shares (NASDAQ:WPPGY) has declined 10.95% since March 29, 2016 and is downtrending. It has underperformed by 14.42% the S&P500.
The move comes after 6 months positive chart setup for the $26.52B company. It was reported on Oct, 31 by Barchart.com. We have $158.26 PT which if reached, will make NASDAQ:WPPGY worth $12.20B more.

WPP plc – American Depositary Shares each representing five Ordinary Shares (NASDAQ:WPPGY) Ratings Coverage

Out of 4 analysts covering WPP (NASDAQ:WPPGY), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. WPP has been the topic of 5 analyst reports since August 27, 2015 according to StockzIntelligence Inc. As per Friday, April 29, the company rating was maintained by Wedbush. The rating was downgraded by Investec on Tuesday, February 9 to “Hold”. On Friday, January 22 the stock rating was upgraded by Citigroup to “Buy”. The stock of WPP plc – American Depositary Shares each representing five Ordinary Shares (NASDAQ:WPPGY) has “Hold” rating given on Friday, October 16 by Pivotal Research. The rating was downgraded by Investec on Thursday, August 27 to “Buy”.

According to Zacks Investment Research, “WPP plc operates as a communications services group. The Company is organized into various segments such as: Advertising, Media Investment Management, Consumer Insight, Public Relations & Public Affairs, Branding & Identity, Healthcare and Specialist Communications. WPP plc is based in Dublin, Ireland.”

Another recent and important WPP plc – American Depositary Shares each representing five Ordinary Shares (NASDAQ:WPPGY) news was published by Businesswire.com which published an article titled: “WPP 2015 Preliminary Results” on March 04, 2016.

WPPGY Company Profile

WPP plc (WPP), incorporated on October 25, 2012, is a holding firm engaged in providing communications services. The Firm comprises companies in a range of disciplines, which include advertising, media investment management; data investment management; public relations and public affairs; branding and identity; healthcare communications; direct, digital, promotion and relationship marketing, and specialist communications. The Firm operates through four divisions: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications.

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