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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: 840.40
Bid: 853.20
Ask: 788.80
Change: -7.00 (-0.83%)
Spread: -64.40 (-7.548%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 847.40
WPP Live PriceLast checked at -

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Jefferies rates Pearson a "hold" after 2014 profits warning

Fri, 28th Feb 2014 10:01

Pearson shares have been rated a "hold" by Jefferies with a target price of 1128p after the publishing company reported a 27 per cent fall in adjusted operating profits to 736m pounds.After warning of another year of tough trading conditions in the US, with a stronger pound making matters worse, Pearson said it expected earnings per share (EPS) to be in the range of 62-67p."In adjusted EPS, the guide between 67p and 62p, consensus currently points at 75p of earnings. Whichever way one cuts the new guide though, either pre or post, this looks like a very cautious number at the 65p mid-point," the broker said."Given the strengths of the senior management team and the quality of the Pearson educational offer, there will come a time to buy the stock. But for now, with further pressures on estimates emerging and the stock on 14.3 times consensus 2015 adjusted EPS estimates, that time has not yet come, in our opinion. We continue to prefer ITV, WPP and Reed Elsevier, in that order."FP
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22 Mar 2023 13:49

WPP confirms April 19 start for CFO designate Joanne Wilson

(Alliance News) - WPP PLC on Wednesday said that incoming finance chief Joanne Wilson will become chief financial officer designate on April 19.

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22 Mar 2023 11:56

LONDON MARKET MIDDAY: Stocks lower, pound up as rate decisions loom

(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as in-coming interest rate decisions from the US Federal Reserve and the Bank of England weighed on investors' minds.

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22 Mar 2023 09:17

WPP buys London-based influencer marketing agency Goat for GroupM

(Alliance News) - WPP PLC on Wednesday announced the acquisition of influencer marketing agency Goat for an undisclosed price.

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22 Mar 2023 08:49

LONDON MARKET OPEN: Stocks red as UK inflation stays in double-digits

(Alliance News) - Stock prices in London opened lower on Wednesday, but the pound was on the rise, after inflation in the UK came in hotter than expected in February, remaining in double-digits.

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22 Mar 2023 07:55

LONDON BRIEFING: UK inflation surprises with rise to 10.4% in February

(Alliance News) - Stocks in London are set to open slightly lower on Wednesday, after UK inflation came in hotter than expected in February.

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22 Mar 2023 07:01

WPP buys Goat marketing agency

(Sharecast News) - WPP on Wednesday said it had bought influencer marketing agency Goat for an undisclosed sum.

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17 Mar 2023 20:53

TRADING UPDATES: Petra Diamonds sells more diamonds amid price growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday, Augmentum Fintech and Tap Global on Monday, and not separately reported by Alliance News:

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7 Mar 2023 09:58

WPP acquires German healthcare communications group 3K

(Alliance News) - WPP PLC on Tuesday said it has acquired German healthcare specialist PR agency, 3K Agentur fur Kommunikation.

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7 Mar 2023 08:00

WPP buys German health PR specialist

(Sharecast News) - WPP said it had bought German public relations agency 3K Agentur für Kommunikation (3K) for an undisclosed sum.

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24 Feb 2023 09:37

LONDON BROKER RATINGS: SocGen cuts Burberry; BofA cuts WH Smith

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

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23 Feb 2023 17:22

Upbeat corporate guidances lift European shares, Nvidia forecast boosts chip stocks

UK healthcare giants fall on ex-dividend trades

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23 Feb 2023 17:00

LONDON MARKET CLOSE: FTSE 100 struggles, but European peers rise

(Alliance News) - Stock prices in London closed mixed on Thursday, with blue-chips ending in the red on renewed concerns of higher rates in the US, as well as a host of stocks going ex-dividend.

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23 Feb 2023 13:52

AI could be the 'new gold' and Nvidia the largest 'miner'

STOXX 600 up 0.2%

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23 Feb 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms as rate worries weigh

(Alliance News) - Stock prices in London were largely higher at midday on Thursday, though the FTSE 100 was in the red as the more globally-focused index lamented interest rates in the US will likely keep pushing higher.

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23 Feb 2023 11:56

Sell side sees 2-19% upside for top euro zone banks

STOXX 600 up 0.18%

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