Home » Reports » Broker Ratings » WPP PLC 13.2% Potential Decrease Indicated by Bank of America Merrill Lynch

WPP PLC 13.2% Potential Decrease Indicated by Bank of America Merrill Lynch

WPP PLC using EPIC/TICKER code (LON:WPP) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Bank of America Merrill Lynch. WPP PLC are listed in the Consumer Services sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 900 GBX on its stock. This would indicate that the analyst believes there is a downside of -13.2% from the opening price of 1036.5 GBX. Over the last 30 and 90 trading days the company share price has increased 5 points and increased 108.7 points respectively. The 1 year high for the stock price is 1085.5 GBX while the 52 week low for the stock is 791 GBX.

WPP PLC has a 50 day moving average of 1,025.23 GBX and the 200 Day Moving Average price is recorded at 984.67. There are currently 1,254,669,369 shares in issue with the average daily volume traded being 3,450,781. Market capitalisation for LON:WPP is £13,079,924,325 GBP.

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