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WPP PLC 14% Potential Upside Indicated by HSBC

WPP PLC using EPIC/TICKER code (LON:WPP) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. WPP PLC are listed in the Consumer Services sector within UK Main Market. HSBC have set their target price at 1000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 14.0% from the opening price of 877.2 GBX. Over the last 30 and 90 trading days the company share price has increased 24.2 points and decreased 2.8 points respectively. The 1 year high for the stock price is 1375.5 GBX while the 52 week low for the stock is 791 GBX.

WPP PLC has a 50 day moving average of 856.99 GBX and a 200 Day Moving Average share price is recorded at 997.11. There are currently 1,261,883,735 shares in issue with the average daily volume traded being 5,067,851. Market capitalisation for LON:WPP is £11,011,190,749 GBP.

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