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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: 812.60
Bid: 680.00
Ask: 826.00
Change: 0.00 (0.00%)
Spread: 146.00 (21.471%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 812.60
WPP Live PriceLast checked at -

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Travel&leisure stocks and financials lead gains

Fri, 01st Jul 2016 14:43

(ShareCast News) - Travel stocks led the way higher at the end of the week as the Footsie advanced towards its largest weekly gain since December 2011, with stock in TUI at the top of the leaderboard but with shares in InterContinental Hotels Group and Carnival close behind as they recovered from falls after the Istanbul airport attacks that killed 43 people.Speciality chemicals and sustainable technologies group was close behind after analysts at Berenberg reiterated their 'buy' recommendation on the company, albeit while in the process marking down their target price from 3,865p to 3,250p."We see every reason for a return towards 10-year average historical levels of 17.2x, given superior EPS growth and potential from battery technology," the broker said.Select financials and life insurers such as Standard Chartered, St.James´s Place and Aviva all heading higher.RBS was one notable exception a day after Morgan Stanley cut its rating on the stock to 'equal weight' from '"overweight' and reduced its earnings forecast by a third for 2017, and by a quarter for 2018.WPP jumped after the advertising giant said it has agreed to invest in Woven Digital, a US media company aimed at millennials.Antofagasta was at the bottom of the pile. In the previous session, Credit Suisse expressed a negative one to two year view on the price of copper and reiterated its 'underperform' stance on the miners´ shares.The broker pointed out how management had prioritised preserving cash flow and the balance sheet and had pushed projects out, despite which the former remained weak in the near-term and with a view to 2016 and 2017 M&A risk remained.
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12 Apr 2023 12:25

Citi says WPP shares 'overly cheap', stays at 'buy'

(Sharecast News) - Analysts at Citi reiterated their 'buy' recommendation for shares of WPP, citing the easier comparables that the advertising group was facing for throughout the year.

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11 Apr 2023 11:16

KKR buys stake in communications company FGS Global

(Sharecast News) - US private equity firm KKR has agreed to invest in financial PR firm FGS Global, in which advertising giant WPP is a majority shareholder.

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11 Apr 2023 11:10

KKR to take stake in WPP's majority-owned communications consultancy

(Alliance News) - WPP PLC on Tuesday said that global investment firm KKR & Co has made a growth investment in FGS Global.

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5 Apr 2023 09:29

LONDON BROKER RATINGS: Citigroup raises Direct Line to 'buy'

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(Alliance News) - Stock prices in London opened higher on Wednesday, though trading remaining cautious following the recent turbulence in the banking sector.

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27 Mar 2023 15:33

WPP buys social influencer marketing agency Obviously

(Sharecast News) - Advertising giant WPP has announced the acquisition of New York-based technology-led social influencer marketing agency Obvsiously.

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27 Mar 2023 15:24

WPP acquires social influencer marketing agency Obviously

(Alliance news) - WPP PLC on Tuesday said it has acquired Obviously, a technology-led social influencer marketing agency based in New York, and with operations in San Francisco and Paris.

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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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