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WPP (LON:WPP) Sets New 12-Month Low on Analyst Downgrade

WPP logo with Communication Services background

WPP plc (LON:WPP - Get Free Report) shares reached a new 52-week low during mid-day trading on Friday after JPMorgan Chase & Co. lowered their price target on the stock from GBX 590 to GBX 480. JPMorgan Chase & Co. currently has a neutral rating on the stock. WPP traded as low as GBX 423.70 ($5.71) and last traded at GBX 424.90 ($5.73), with a volume of 16505572 shares. The stock had previously closed at GBX 433.40 ($5.84).

WPP Trading Down 1.5%

The company has a market cap of £4.47 billion, a PE ratio of 21.90, a PEG 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 215.67. The stock has a 50 day moving average price of GBX 554.35 and a 200 day moving average price of GBX 629.43.

WPP Company Profile

(Get Free Report)

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities. At WPP we're reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.

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