AreWPP (NYSE:WPP) Shares Worth Your Dime? Moffett Nathanson Believes So

June 20, 2018 - By Stephen Andrade

Investors sentiment increased to 1 in Q1 2018. Its up 0.99, from 0.01 in 2017Q4. It improved, as 0 investors sold WPP plc shares while 1 reduced holdings. 1 funds opened positions while 0 raised stakes. 4,434 shares or 76.33% less from 18,734 shares in 2017Q4 were reported.

4,408 were reported by Eqis Cap Mngmt. Gemmer Asset Limited Liability owns 26 shares.

How Moffett Nathanson Currently Rates WPP (NYSE:WPP)

Moffett Nathanson has initiated coverage on WPP (NYSE:WPP) shares recently in a research note revealed to clients on Tuesday morning. The broker has decided to place a Neutral rating on WPP stock.

WPP plc (NYSE:WPP) Ratings Coverage

Among 3 analysts covering WPP plc American Depositary Shares (NYSE:WPP), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. WPP plc American Depositary Shares had 6 analyst reports since February 20, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, March 19 by Pivotal Research. The company was downgraded on Tuesday, February 20 by Pivotal Research. Berenberg downgraded WPP plc (NYSE:WPP) on Tuesday, June 5 to “Sell” rating. The stock of WPP plc (NYSE:WPP) earned “Hold” rating by Pivotal Research on Monday, June 4. The firm earned “Buy” rating on Thursday, March 1 by Pivotal Research.

The stock decreased 0.14% or $0.11 during the last trading session, reaching $79.87. About 141,008 shares traded. WPP plc (NYSE:WPP) has declined 23.68% since June 20, 2017 and is downtrending. It has underperformed by 36.25% the S&P500.

WPP plc provides various communications services worldwide. The company has market cap of $20.27 billion. The firm operates through four divisions: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. It has a 7.96 P/E ratio. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.

More notable recent WPP plc (NYSE:WPP) news were published by: Prnewswire.com which released: “Fake News: Not Just a Social Media Problem” on June 18, 2018, also Streetinsider.com with their article: “Sorrell plots comeback with new listed company after WPP exit” published on May 30, 2018, Businesswire.com published: “WPP Cuts the Ribbon on Its Latest Campus in New York” on June 11, 2018. More interesting news about WPP plc (NYSE:WPP) were released by: Globenewswire.com and their article: “New Research Coverage Highlights WPP, Codexis, Natural Resource Partners LP, Mercer International, Booking, and …” published on June 01, 2018 as well as Streetinsider.com‘s news article titled: “Norwegian wealth fund backed Sorrell’s farewell pay at WPP AGM” with publication date: June 14, 2018.

WPP plc (NYSE:WPP) Ratings Chart

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