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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: 812.40
Bid: 811.40
Ask: 811.80
Change: 16.00 (2.01%)
Spread: 0.40 (0.049%)
Open: 802.00
High: 820.60
Low: 800.00
Prev. Close: 796.40
WPP Live PriceLast checked at -

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Broker tips: Pearson, WPP, APR

Fri, 26th Oct 2012 12:56

Investec has maintained its 'hold' rating and 1,240p target price for publishing group Pearson, saying that the possible merger between Penguin and Random House is 'not a game changer'.Investec analyst Steve Liechti notes that this follows speculation in the summer but nothing since has followed. He said: "We view this as a possible net positive but not a game changer - while we see some EPS upside via near-term merger/cost synergies in a pressured top line business, this does not imply cash returns to shareholders or re-investment in long-term growth Education assets."Nomura has reduced its target price for advertising and media giant WPP from 1,030p to 980p after cutting its forecasts for organic growth on the back of a slowing macro-economic environment.In a research report published late on Thursday, the broker said it has slashed its organic growth estimate for 2013 from 2.5% to just 1%, "demonstrating further that momentum has changed for the company and the sub-sector".UBS has cut its target price for temporary power specialist APR Energy from 600p to 530p and retained its 'sell' rating on the stock after third-quarter revenues were a 'significant disappointment'.The broker estimates that utilisation in the third quarter of 60% was 20 percentage points below industry norms."Combined with continued disappointing order intake, we continue to believe there is insufficient capital discipline in the business, with fleet growth prioritised over fleet utilisation."
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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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30 Jan 2024 16:00

London close: Stocks finish higher on raft of global data

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

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30 Jan 2024 09:37

TOP NEWS: WPP ups outlook and sets out restructuring amid AI push

(Alliance News) - WPP PLC on Tuesday announced a cost-cutting plan and set out an artificial intelligence strategy, earmarking an annual cash investment of around GBP250 million in proprietary technology.

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30 Jan 2024 09:01

LONDON MARKET OPEN: Stocks up; UK grocery price inflation cools

(Alliance News) - Stock prices in London opened higher on Tuesday, after new data showed that UK grocery price inflation eased in January.

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30 Jan 2024 07:22

WPP results to meet expectations as it sets medium-term targets

(Sharecast News) - Advertising giant WPP said in an update on Tuesday that it expected its 2023 results to align with earlier guidance.

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29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

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

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25 Jan 2024 15:13

London close: Stocks turn green after US GDP release

(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.

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19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

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12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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11 Jan 2024 17:24

European shares fall as hot U.S. inflation data rains on rate-cut hopes

WPP down after UBS downgrade

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

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11 Jan 2024 10:51

WPP slumps after double downgrade to 'sell' by UBS

(Sharecast News) - WPP slumped on Thursday after UBS double downgraded the shares to 'sell' and slashed the price target to 700p from 1,200p, saying that 2024 was set to be another challenging year.

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10 Jan 2024 17:14

WPP reportedly mulling sale of Kantar stake

(Sharecast News) - Advertising agency conglomerate WPP is exploring options to divest its 40% stake in market research firm Kantar, it was reported on Wednesday, in a bid to raise capital and address a declining share price.

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