WPP plc Receives a Hold from Wells Fargo

Wells Fargo analyst Peter Stabler maintained a Hold rating on WPP plc (NYSE: WPP) today. The company’s shares opened today at $80.52, close to its 52-week low of $76.68.

Stabler observed:

“Wells Fargo Securities, LLC’s research analysts receive compensation that is based upon and impacted by the overall profitability and revenue of the firm, which includes, but is not limited to investment banking revenue.”

According to TipRanks.com, Stabler is a 5-star analyst with an average return of 28.8% and a 77.5% success rate. Stabler covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and Match Group Inc.

WPP plc has an analyst consensus of Hold.

The company has a one-year high of $113.51 and a one-year low of $76.68. Currently, WPP plc has an average volume of 263.7K.

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WPP Plc engages in the provision of communications services. It operates through the following business segments: Advertising and Media Investment Management; Data Investment Management; Public Relations and Public Affairs; and Branding and Identity, Healthcare, and Specialist Communications.

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