Economy

Numis Securities Reaffirms Add Rating for WPP (LON:WPP)

They now have an equal weight rating on the stock.

WPP has been the subject of a number of research reports. Liberum Capital reissued a "buy" rating and set a GBX 250 ($3.45) price objective on shares of AA in a research report on Friday, November 10th. Jefferies Group now has GBX 845 ($11.67) price target on the stock, down from their prior price target of GBX 850 ($11.74). Finally, Barclays upgraded shares of Just Eat to an overweight rating and upped their price target for the company from GBX 700 ($9.67) to GBX 1,000 ($13.82) in a report on Thursday, January 11th. The company presently has an average rating of "Buy" and a consensus price target of GBX 1,158.50 ($16.01). Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. JPMorgan Chase & Co. reduced their price target on Oxford Instruments from GBX 1,180 ($16.30) to GBX 1,030 ($14.23) and set an overweight rating for the company in a report on Tuesday, February 13th. Shore Capital restated a buy rating on shares of WPP in a research report on Tuesday, October 31st. restated a buy rating and issued a GBX 1,600 ($22.11) price objective on shares of WPP in a research report on Wednesday, November 1st.

Shares of AA (LON:AA) traded down GBX 5.40 ($0.07) during trading on Monday, reaching GBX 79.96 ($1.10). WPP has a 12-month low of GBX 1,185.73 ($16.38) and a 12-month high of GBX 1,774 ($24.51).

SKY (LON:SKY) last announced its earnings results on Thursday, January 25th. The company reported GBX 54.10 ($0.75) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of GBX 52.40 ($0.72) by GBX 1.70 ($0.02). Relx had a return on equity of 91.18% and a net margin of 26.78%. The firm had revenue of GBX 673.70 billion for the quarter.

The firm also recently disclosed a dividend, which will be paid on Monday, July 9th. This represents a yield of 2.91%.

In other news, insider Ian Barkshire acquired 6,000 shares of Oxford Instruments stock in a transaction that occurred on Thursday, March 1st.

TRADEMARK VIOLATION NOTICE: This piece was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another domain, it was stolen and republished in violation of U.S. & worldwide trademark and copyright law. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.



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