Skip to main content

WPP (WPP) Gets a Sell from UBS

Tipranks - Wed Jan 14, 5:20AM CST

In a report released yesterday, Adam Berlin from UBS maintained a Sell rating on WPP, with a price target of p280.00.

Claim 70% Off TipRanks Premium

According to TipRanks, Berlin is a 4-star analyst with an average return of 9.5% and a 54.14% success rate. Berlin covers the Communication Services sector, focusing on stocks such as Informa, Omnicom Group, and Interpublic Group of Companies.

Currently, the analyst consensus on WPP is a Hold with an average price target of p360.56.

Based on WPP’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p6.66 billion and a net profit of p44 million. In comparison, last year the company earned a revenue of p7.23 billion and had a net profit of p205 million

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is neutral on the stock.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.