Deutsche Bank analyst Steve Liechti has adjusted the price target for WPP (WPP, Financial), bringing it down from 740 GBp to 550 GBp. Despite this reduction, the analyst maintains a Buy rating for the company's shares. The decision reflects a reassessment of the stock's valuation while still showing confidence in its potential performance. Investors are advised to consider this updated analysis when evaluating their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for WPP PLC (WPP, Financial) is $37.00 with a high estimate of $37.00 and a low estimate of $37.00. The average target implies an upside of 25.84% from the current price of $29.40. More detailed estimate data can be found on the WPP PLC (WPP) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, WPP PLC's (WPP, Financial) average brokerage recommendation is currently 3.5, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for WPP PLC (WPP, Financial) in one year is $46.26, suggesting a upside of 57.34% from the current price of $29.4021. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the WPP PLC (WPP) Summary page.
