WPP plc (LON:WPP) Insider Sells £75,628.40 in Stock

WPP plc (LON:WPP) insider Joanne Wilson sold 8,794 shares of WPP stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 860 ($10.97), for a total value of £75,628.40 ($96,501.72).

WPP Trading Down 0.4 %

WPP opened at GBX 860.60 ($10.98) on Friday. The company has a market cap of £9.29 billion, a P/E ratio of 4,529.47, a price-to-earnings-growth ratio of 13.47 and a beta of 1.13. The company has a fifty day moving average price of GBX 814.37 and a two-hundred day moving average price of GBX 770.76. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 190.55. WPP plc has a 1-year low of GBX 678.80 ($8.66) and a 1-year high of GBX 878.40 ($11.21).

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut their target price on WPP from GBX 990 ($12.63) to GBX 950 ($12.12) and set a “buy” rating for the company in a research report on Friday, August 9th. Shore Capital restated a “buy” rating on shares of WPP in a research report on Wednesday, October 23rd. Finally, Citigroup restated a “buy” rating on shares of WPP in a research report on Thursday, September 5th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 946.67 ($12.08).

About WPP

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.