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WPP PLC 9.6% 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 a target price of 960 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.6% from the opening price of 876.2 GBX. Over the last 30 and 90 trading days the company share price has increased 29.6 points and decreased 6.8 points respectively. The 1 year high for the share price is 1474.25 GBX while the year low share price is currently 802.6 GBX.

WPP PLC has a 50 day moving average of 874.84 GBX and a 200 day moving average of 1,099.08. There are currently 1,261,823,674 shares in issue with the average daily volume traded being 3,493,855. Market capitalisation for LON:WPP is £11,104,959,655 GBP.