Citi cuts organic targets for WPP but still sees value

3rd Oct 2023 11:58

(Sharecast News) - Citigroup has reiterated its 'buy' rating for advertising giant WPP despite cutting its organic sales forecasts, saying the recent underperformance of the stock is unwarranted.

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Director dealings: WPP non-exec invests, IG board members exercise options and sell

7th Aug 2023 11:17

(Sharecast News) - Advertising giant WPP was on the list of director buys on Monday, after a non-executive director picked up 4,000 shares.

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WPP cuts full-year growth forecast as interim profits slump

4th Aug 2023 07:17

(Sharecast News) - Advertising giant WPP on Friday cut its like-for-like growth forecast for the full year due as North America revenues fell in the second quarter.

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Director dealings: WPP CFO covers tax bill, Prudential board members invest

16th May 2023 12:33

(Sharecast News) - WPP was on the list of director sells on Tuesday, after its chief financial officer covered their statutory liabilities.

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WPP backs FY guidance as Q1 sales rise

27th Apr 2023 07:50

(Sharecast News) - Advertising giant WPP backed its full-year guidance on Thursday as it posted a rise in first-quarter sales.

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WPP buys sonic branding company amp

20th Apr 2023 11:31

(Sharecast News) - Advertising giant WPP said on Thursday that it has bought sonic branding company amp for an undisclosed sum.

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Citi says WPP shares 'overly cheap', stays at 'buy'

12th Apr 2023 12:25

(Sharecast News) - Analysts at Citi reiterated their 'buy' recommendation for shares of WPP, citing the easier comparables that the advertising group was facing for throughout the year.

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KKR buys stake in communications company FGS Global

11th Apr 2023 11:16

(Sharecast News) - US private equity firm KKR has agreed to invest in financial PR firm FGS Global, in which advertising giant WPP is a majority shareholder.

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WPP buys social influencer marketing agency Obviously

27th Mar 2023 15:33

(Sharecast News) - Advertising giant WPP has announced the acquisition of New York-based technology-led social influencer marketing agency Obvsiously.

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WPP buys Goat marketing agency

22nd Mar 2023 07:01

(Sharecast News) - WPP on Wednesday said it had bought influencer marketing agency Goat for an undisclosed sum.

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WPP buys German health PR specialist

7th Mar 2023 08:00

(Sharecast News) - WPP said it had bought German public relations agency 3K Agentur für Kommunikation (3K) for an undisclosed sum.

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WPP hikes dividend as profits rise

23rd Feb 2023 08:03

(Sharecast News) - Advertising giant WPP hiked its dividend on Thursday and said it expects top-line growth above expectations for 2023, as it reported a rise in full-year profit and revenue.

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Credit Suisse upgrades WPP, Publicis to 'outperform'

22nd Feb 2023 08:16

(Sharecast News) - Credit Suisse upgraded WPP and Publicis on Wednesday to 'outperform' from 'neutral' as it said its analysis of the advertising agency industry suggests the structural headwinds which caused the de-rating of the agency stocks have significantly abated.

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Goldman Sachs upgrades WPP to 'buy'

19th Jan 2023 08:20

(Sharecast News) - Goldman Sachs upgraded WPP on Thursday to 'buy' from 'neutral' and hiked the price target to 1,158p from 920p as it expects the shares to outperform this year as several headwinds begin to unwind/ease.

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WPP buys Fenom Digital

5th Jan 2023 15:01

(Sharecast News) - Advertising giant WPP said on Thursday that it has bought Fēnom Digital, one of the fastest-growing digital transformation agencies in North America, for an undisclosed sum.

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