WPP Share News (WPP)

Broker tips: WPP, Rio Tinto, Thomas Cook

WPP's share price was performing well on Thursday after UBS increased its target for the stock from 1,300p to 1,500p and raised its growth forecasts on the back of an optimistic outlook for the advertising and media giant. "We argue that corporates will increase their investment in the services WPP

UK BROKER RATING CHANGES: Panmure Raises RPC Group To Buy

Broker snap: UBS lifts forecasts for WPP on optimistic outlook

WPP's share price was performing well on Thursday after UBS increased its target for the stock from 1,300p to 1,500p and raised its growth forecasts on the back of an optimistic outlook for the advertising and media giant. The bank has lifted its organic growth forecast for 2013 from 3.2% to 3.3% a

Thursday broker round-up UPDATE

Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un

FTSE 100 movers: AMEC leads ex-divis lower, Lloyds rises

Engineering firm AMEC was a heavy faller today after going ex-dividend. Others in the FTSE 350 including Johnson Matthey, Vedanta Resources, Lancashire Holdings, 3i Infrastructure, UDG Healthcare, Telecom Plus and Dunelm also went ex-div today. Antofagasta was falling after JPMorgan Chase reiterate

WPP acquires stake South African communications firm

WPP, the FTSE 100 advertising and public relations company, has acquired a majority stake in South African firm Cerebra Communications, an integrated strategic communication agency based in Johannesburg. The acquisition forms part of WPP's strategy of developing its services in fast-growing and imp

UK BROKER RATING CHANGES: Brokers Raise View On Mitchell & Butlers

WPP Buys Majority Stake In South Africa's Cerebra Communications

UK WINNERS & LOSERS: BTG Leads FTSE 350 Risers On Treatment Approval

Private equity-backed groups vie for IMG as KKR exits-sources

By Greg Roumeliotis, Soyoung Kim and Nicola Leske NEW YORK, Nov 25 (Reuters) - The buyout firms bidding for talent agency IMG Worldwide Inc have all secured partnerships with other companies in the sector after KKR & Co LP exited an auction seen fetching more than $2 billion, according to

UPDATE 1-Omnicom and Publicis say merger to close by mid-2014 at latest

BARCELONA, Nov 21 (Reuters) - The $35.1 billion tie-up of advertising groups Omnicom and Publicis will close by the middle of next year at the latest, the two groups said on Thursday, pushing the date back slightly later than expected. Omnicom's Chief Executive John Wren and Publicis boss M

Dentsu reaps benefits of Aegis deal, wins business from rivals

BARCELONA, Nov 21 (Reuters) - Japanese advertising group Dentsu is winning global media contracts for the first time through its newly-acquired Aegis business and has been taking work away from rivals Omnicom and Publicis since the two decided to merge. Tim Andree, executive chairman of De

UPDATE 1-WPP CEO sees 2014 revenue growth over 3 percent

BARCELONA, Nov 21 (Reuters) - WPP, the world's largest advertising company, expects 2014 revenue growth, excluding acquisitions, to be above the 2013 level, Chief Executive Martin Sorrell said on Thursday. Sorrell said clients were still very focused on costs but he expected WPP to benefit

WPP CEO sees 2014 organic growth over 3 percent

BARCELONA, Nov 21 (Reuters) - WPP, the world's largest advertising company, expects to post organic revenue growth in 2014 of above 3 percent, Chief Executive Martin Sorrell said on Thursday. Speaking at a Morgan Stanley investor conference in Barcelona, Sorrell said trading was tough but m

WPP's Digital Marketing Arm To Acquire Biggs Gilmore Communications Inc