Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK MARKET TALK ROUNDUP: BROKERS COMMENTS

Thu, 08th Jul 2010 07:25

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0625 GMT [Dow Jones] Morgan Stanley upgrades WPP Group (WPP.LN) and UBM (UBM.LN), both to equalweight from underweight. Has a price target of 635p for WPP, and 510p for UBM. Says caution over the economic outlook in Europe means investors are favouring ad agencies with their considerable US and South East Asian exposure. As far as UBM is concerned, the brokerage notes the recent fall in the shares, evidence of solid 2011 exhibition rebookings and the reversion to a 5% yield. WPP closed at 629.5p, and UBM at 502p. (peter.nurse@dowjones.com) 0619 GMT [Dow Jones] Associated British Foods' (ABF.LN) 3Q update is better than expected, says a trader. Notes total group sales are up 14%, versus his expectations for a rise of around 6%. Adds the strong performance in Spain is particularly encouraging. Another trader expects the shares to open up around 2% on the update, after closing Wednesday at 980p. (michele.maatouk@dowjones.com) 0616 GMT [Dow Jones] Morgan Stanley initiates AMEC (AMEC.LN) at equalweight with 1000p target. Says the company's below-average organic growth outlook and uncertainty on cash reinvestment are offset by its solid operational track-record and valuation. However, notes most of Amec's revenues come from mature areas such as the UK and the US, meaning exposure to energy 'hotspots' such as the Middle East, Brazil and West Africa is limited. "But its operations are low risk compared to other oil service companies." Shares closed Wednesday at 847p. (michele.maatouk@dowjones.com) Contact us in London. +44-20-7842-9288 Markettalk.eu@dowjones.com (END) Dow Jones Newswires July 08, 2010 02:25 ET (06:25 GMT)
More News
31 Jan 2024 09:21

LONDON BROKER RATINGS: Jefferies raises Spirax-Sarco; cuts Victrex

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

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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:

Read more
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:

Read more
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:

Read more
11 Jan 2024 17:24

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

WPP down after UBS downgrade

*

Read more
11 Jan 2024 17:03

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

U.S. inflation data sparks selloff

*

Read more
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.

Read more
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.

Read more
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.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.