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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: 839.40
Bid: 680.00
Ask: 1,300.00
Change: 0.00 (0.00%)
Spread: 620.00 (91.176%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 839.40
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Broker tips: Resolution, WPP, Carillion,

Mon, 22nd Aug 2011 12:25

UBS thinks that things could take a while to improve for insurance buyout firm Resolution and slashes its target price for the stock by 14%.Resolution's life business made a 4.5% return on embedded value in the first half of 2011, less than the year before and significantly under the 10% target, the broker notes. UBS sees the target as challenging and forecasts 6.7% in 2013.The broker keeps its neutral rating on the stock and cuts its target price from 301p to 260p, "as we see a re-rating as unlikely until operational performance improves."Nomura expects advertising giant WPP to cut its forecasts when it publishes its first half results on 24 August, but says that the markets have already anticipated this.The broker expects full-year organic growth to be 4.7%, and predicts that the company will give up on its 6% growth guidance."Looking at Sir Martin Sorrell's [chief executive] previous views at past results meetings and an interview given to the Sunday Telegraph (August 21st 2011), we are expecting the company's message to be that growth will be low in the US and Europe for the next couple of years, but the company is not planning yet for a double-dip recession."Nomura keeps its buy rating a 1,000p target price.Panmure Gordon said that it remains a buyer of UK support services giant Carillion ahead of the firm's first half results on 24 August.The pre-close trading update on 7 July showed that the firm was trading in line, with the synergy benefits from the Eaga acquisition being realised ahead of earlier guidance.A target price of 400p is kept.BC
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18 Aug 2023 06:00

From Mad Men to machines? Big advertisers shift to AI

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8 Aug 2023 09:25

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

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

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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

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

WPP slides after FY guidance cut

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

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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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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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