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WPP PLC 17.6% Potential Decrease Indicated by Numis

WPP PLC with EPIC/TICKER (LON:WPP) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘REDUCE’ this morning by analysts at Numis. WPP PLC are listed in the Consumer Services sector within UK Main Market. Numis have set their target price at 800 GBX on its stock. This would indicate that the analyst believes there is a downside of -17.6% from the opening price of 971.2 GBX. Over the last 30 and 90 trading days the company share price has increased 138.2 points and increased 92.6 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 870.60 GBX and a 200 day moving average of 980.13. There are currently 1,261,883,735 shares in issue with the average daily volume traded being 5,184,644. Market capitalisation for LON:WPP is £12,318,502,000 GBP.