Berenberg raises target price on WPP
2nd Sep 2020 10:47
(Sharecast News) - Analysts at Berenberg raised their target price on advertising giant WPP from 565.0p to 635.0p on Wednesday, stating a "less precipitous" than expected decline amid the Covid-19 pandemic had demonstrated the group's resilience.
Read moreFriday broker round-up
28th Aug 2020 13:28
(Sharecast News) - CLS Holdings: Berenberg reiterates buy with a target price of 270p.
Read moreBarclays hikes target for WPP, says company guidance too conservative
28th Aug 2020 10:24
(Sharecast News) - Analysts at Barclays reiterated their 'overweight' recommendation for shares of WPP, arguing that the company's guidance for sales growth and operating margins was too "conservative".
Read moreWPP plunges to loss but reinstates dividend
27th Aug 2020 07:04
(Sharecast News) - WPP plunged to a £2.6bn first-half loss as it wrote down £2.7bn for the reduced value of its assets but the advertising company reinstated its dividend after business started to improve.
Read moreWednesday broker round-up
8th Jul 2020 14:03
(Sharecast News) - Persimmon: Peel Hunt upgrades to add with a target price of 2,730.0p.
Read moreWPP slumps as Credit Suisse reinstates coverage at 'underperform'
8th Jul 2020 11:46
(Sharecast News) - WPP slumped on Wednesday after Credit Suisse reinstated coverage of shares in the advertising company at 'underperform' with a 565p price target, pointing to "rising industry disruption".
Read moreMonday broker round-up
1st Jun 2020 13:47
(Sharecast News) - Johnson Matthey: Liberum downgrades to hold with a target price of 2,100p.
Read moreDirector dealings: WPP non-executive director snaps up shares
11th May 2020 16:33
(Sharecast News) - WPP revealed on Monday that non-executive director Sandrine Dufour had acquired 15,000 ordinary shares in the FTSE 100-listed media agency.
Read moreSunday newspaper round-up: BT Group, Sports Direct, Ocado
3rd May 2020 21:44
(Sharecast News) - The City is braced for a cut to BT's £1.5bn dividend - a move that would send pain through its army of retail shareholders after a wave of blue-chips slashed payouts amid the Covid-19 crisis. The board meets this week to decide whether to keep the dividend, one of the 20 biggest in the FTSE 100 index. More than 40 leading companies have cancelled £16.5bn of payouts this year, according to the broker Peel Hunt, including all the banks. Shell stunned the market by cutting its dividend by two-thirds on Thursday. - Sunday Times
Read moreWPP looks to staff for further cost-cutting
29th Apr 2020 07:15
(Sharecast News) - WPP announced further cost-cutting measures on Wednesday, alongside a fall in first quarter revenue, as it bunkered down in the face of the Covid-19 coronavirus pandemic.
Read moreThursday broker round-up
2nd Apr 2020 13:03
(Sharecast News) - Unilever: Barclays upgrades to equal weight with a target price of 4,420p.
Read moreWPP cancels dividend and share buybacks amid Covid-19 pandemic
31st Mar 2020 07:35
(Sharecast News) - WPP updated the market on its trading in light of the Covid-19 coronavirus pandemic on Tuesday, reporting that for the first two months of 2020, excluding Greater China, group like-for-like revenue less pass-through costs was up 0.4%.
Read moreTuesday broker round-up
17th Mar 2020 13:00
(Sharecast News) - Ti Fluid Systems: Citigroup downgrades to neutral with a target price of 140p.
Read moreWPP acquires data science firm Sandtable
5th Mar 2020 09:55
(Sharecast News) - WPP announced on Thursday that its GroupM division has acquired data science company Sandtable, which specialises in behavioural analytics and advanced simulations.
Read moreMonday broker round-up
2nd Mar 2020 13:33
(Sharecast News) - Burberry Group: Bank of America upgrades to buy with a target price of 1,800p.
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