Joanne Wilson Sells 8,794 Shares of WPP plc (LON:WPP) Stock

WPP plc (LON:WPP) insider Joanne Wilson sold 8,794 shares of WPP stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of GBX 860 ($10.93), for a total value of £75,628.40 ($96,097.08).

WPP Trading Down 0.3 %

WPP stock opened at GBX 864.40 ($10.98) on Thursday. The stock has a market cap of £9.34 billion, a PE ratio of 4,549.47, a P/E/G ratio of 13.47 and a beta of 1.13. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 190.55. The stock has a 50-day moving average price of GBX 812.51 and a 200 day moving average price of GBX 770.72. WPP plc has a 52 week low of GBX 678.80 ($8.63) and a 52 week high of GBX 878.40 ($11.16).

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of WPP from GBX 990 ($12.58) to GBX 950 ($12.07) and set a “buy” rating on the stock in a research report on Friday, August 9th. Shore Capital reissued a “buy” rating on shares of WPP in a report on Wednesday, October 23rd. Finally, Citigroup reissued a “buy” rating on shares of WPP in a research note on Thursday, September 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 946.67 ($12.03).

WPP Company Profile

WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies.