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Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
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Share Price: 804.20
Bid: 804.40
Ask: 804.80
Change: -2.80 (-0.35%)
Spread: 0.40 (0.05%)
Open: 805.40
High: 808.80
Low: 800.40
Prev. Close: 807.00
WPP Live PriceLast checked at -

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Broker snap: UBS upgrades WPP on global outlook

Thu, 12th Jan 2012 11:19

Advertising giant WPP was performing well on Thursday, helped by an upgrade from UBS from neutral to buy.The broker also hiked its target price from 675p to 840p, suggesting a significant upside to the current price of 716.5p (at yesterday's close)."We believe WPP offers favourable risk-reward," said analysts at the Swiss bank. "In our opinion, a near-term slowdown in Europe is already in consensus expectations, medium-term growth is secured through global exposure, and valuation and cash returns are supportive, leaving the stock with greater potential upside in a stronger market than professional publishers, but with less risk than broadcasters."WPP's organic growth in the 12 months to the end of 2012 will be driven by around 2% global economic growth, as opposed to the 1% global recession in 2009 which drove an 8% organic decline, notes the broker.With the stock trading at 9.5 times 2012 earnings, and peers trading at a multiple of 11.5, UBS argues that WPP is "cheap even on our conservative forecasts".BC
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20 Sep 2023 07:55

LONDON BRIEFING: Stocks to rise, pound falls as UK inflation eases

(Alliance News) - Stocks in London are expected to open in the green on Wednesday, as a cooler-than-expected UK inflation print helped to calm nerves ahead of an interest rate decision from the US later, with the Bank of England to follow on Thursday.

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18 Aug 2023 06:00

From Mad Men to machines? Big advertisers shift to AI

LONDON, Aug 18 (Reuters) - Some of the world's biggest advertisers, from food giant Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say.

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8 Aug 2023 09:25

LONDON BROKER RATINGS: Deutsche Bank cuts WPP to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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8 Aug 2023 07:58

LONDON BRIEFING: abrdn assets fall; Spirax-Sarco CEO steps down

(Alliance News) - Stocks in London are called to open lower on Tuesday, following news that Germany's yearly inflation rate eased in July, with investors now nervously awaiting readings from China and the US later this week.

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7 Aug 2023 11:26

IN THE KNOW: Barclays sees turnaround for WPP in next two years

(Alliance News) - Barclays lowered its price target for WPP on Monday but left its 'overweight' rating unchanged, saying it viewed the company's annual guidance cut as a temporary "hiccup".

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7 Aug 2023 11:17

Director dealings: WPP non-exec invests, IG board members exercise options and sell

(Sharecast News) - Advertising giant WPP was on the list of director buys on Monday, after a non-executive director picked up 4,000 shares.

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7 Aug 2023 09:14

LONDON BROKER RATINGS: JPMorgan lifts Rolls-Royce; RBC cuts Unite

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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4 Aug 2023 17:26

Two measures of global corporate health flash red

LONDON, Aug 4 (Reuters) - Two measures of corporate and economic health were flashing red on Friday as shipping group Maersk reported a fall in global demand for sea containers and advertising giant WPP said clients in the U.S. tech sector were slashing their marketing spend.

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4 Aug 2023 17:21

European stocks end higher but mark first weekly loss in four

STOXX 600 posts first weekly loss in four

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4 Aug 2023 17:06

UK's FTSE 100 boosted by energy stocks but logs weekly decline

WPP slides after FY guidance cut

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4 Aug 2023 16:49

LONDON MARKET CLOSE: Stocks end in the green after difficult week

(Alliance News) - Stocks in London ended on a positive note on Friday, following a tumultuous couple of days following a US credit rating cut and another interest rate hike from the Bank of England.

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4 Aug 2023 12:04

LONDON MARKET MIDDAY: WPP shares slide; eyes on US nonfarms

(Alliance News) - Stock prices in London were mixed at midday Friday, though equity markets showed sighs of stability after a rocky week, ahead of a key US jobs report in the afternoon.

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4 Aug 2023 11:36

Two measures of corporate health flash red

LONDON, Aug 4 (Reuters) - Two measures of corporate and economic health were flashing red on Friday as shipping group Maersk reported a fall in global demand for sea containers and advertising giant WPP said clients in the U.S. tech sector were slashing their marketing spend.

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4 Aug 2023 08:52

LONDON MARKET OPEN: WPP lowers outlook; Capita swings to loss

(Alliance News) - The FTSE 100 inched slightly higher on Friday, as investors nervously look ahead to the US nonfarm payrolls report at 1330 BST.

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4 Aug 2023 08:14

TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending

(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.

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