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WPP

WPP

$78.21

-0.13 (-0.17%)

05:53
08/14/18
08/14
05:53
08/14/18
05:53

WPP plans to move out of central London HQ after 30 years, Reuters reports

WPP is planning to quit its central London headquarters after 30 years in a break with the past following the April departure of founder and CEO Martin Sorrell, Reuters reports. According to a person familiar with the matter, WPP will stop leasing the property, with staff from the head office moving into Sea Containers, which is already home to some of WPP's agencies. Reference Link

WPP WPP
$78.21

-0.13 (-0.17%)

04/03/18
PIVT
04/03/18
NO CHANGE
PIVT
Pivotal Research adjusts targets on ad agencies ahead of earnings
Pivotal Research analyst Brian Wieser adjusted his price targets on ad agency holding companies ahead of earnings, maintaining Hold ratings on Interpublic Group (IPG), Omnicom (OMC), Publicis (PUBGY) and a Buy rating on WPP (WPP). He trimmed his target on Interpublic to $25 from $26, lowered his target on Omnicom to $72 from $75, cut Publicis' target to EUR60 from EUR64 and lowered his target on WPP to 1330p from 1420p.
06/04/18
PIVT
06/04/18
DOWNGRADE
PIVT
Hold
WPP downgraded to Hold from Buy at Pivotal Research
Pivotal Research analyst Brian Wieser downgraded WPP to Hold from Buy following the stock's recent move above his prior price target of 1330p. He maintains a positive long-term view on WPP, but thinks downside risks will remain top-of-mind for investors in the near-term. Wieser lowered his price target on WPP shares to 1230p from 1330p.
06/05/18
BREN
06/05/18
DOWNGRADE
BREN
Sell
WPP downgraded to Sell from Hold at Berenberg
Berenberg analyst Alastair Reid downgraded WPP to Sell and lowered his price target for the shares to 1,075p from 1,275p. The company's operational performance in Q1 is below peers, especially in North America, Reid tells investors in a research note. The analyst expects WPP's situation to get worse before improving amidst the management change.
06/19/18
MOFT
06/19/18
INITIATION
MOFT
Neutral
WPP initiated with a Neutral at MoffettNathanson

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IPCI

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YUM

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FSCT

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MU

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Acadia

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MU

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AL

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