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WPP PLC 2.1% Potential Decrease Indicated by HSBC

WPP PLC using EPIC/TICKER code (LON:WPP) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. WPP PLC are listed in the Consumer Services sector within UK Main Market. HSBC have set their target price at 970 GBX on its stock. This indicates the analyst believes there is a potential downside of -2.1% from the opening price of 991 GBX. Over the last 30 and 90 trading days the company share price has increased 21.4 points and increased 141.2 points respectively. The 1 year high share price is 1323.5 GBX while the 52 week low for the share price is 791 GBX.

WPP PLC has a 50 day moving average of 976.22 GBX and a 200 day moving average of 921.92. There are currently 1,261,904,652 shares in issue with the average daily volume traded being 3,807,008. Market capitalisation for LON:WPP is £12,550,906,821 GBP.