WPP has shown minimal shareholder growth over last 30 years. I don’t get why it trades on a high multiple.
Then my Kiwi friends tell me of a connection between a LW news company and I start having USAID thoughts. |
So Mark Read floating the idea of a move to US listing. Wonder if anything will come of that in the fullness of time? The LSE does seem to be running out of favour rather rapidly. |
 IMO this is due to UBS Sell rating.
WPP’s recent strength batted off as UBS doubles down on ‘sell’ rating
Published: 15:53 06 Jan 2025 GMT
WPP PLC (LSE:WPP)’s recent rebound has failed to shift sentiment at UBS, which doubled down on a ‘sell’ rating for the advertising firm on poor prospects ahead.
Though UBS upped WPP’s share price target from 680p to 720p, the bank suggested a resurgence in its share price since the summer was unlikely to last.
“We think this reflects a strong performance in account wins during [the second half of 2024],” UBS said in a note, pointing to deals with the likes of Amazon and Unilever.
“However, in our view the upcoming catalyst path remains negative and we retain our sell rating.”
Guidance for 2025, which UBS forecast would lay out growth of 1-2%, was likely to “underwhelm,” analysts said.
Performance over the year was also set to be second-half weighted, leaving little scope for organic growth in the coming months as recent strength in account reviews could reverse.
“It recently lost the US$500 million Volvo media account, and its Mars account is under review,” UBS flagged.
UBS cut WPP’s 2025 margin estimate from 15.1% to 14.9% and also signalled lower earnings per share expectations for the year.
Shares fell by 3.3% to 787.40p on Monday. |
Does anybody know why the weakness in WPP SP? Seems rather sudden |
I think the persona who keeps post this message doesn't understand that these comments should make some attempt to be related to the heading of the post and not used for promotion of a share that I guess they have invested in already |
Bit of a boost today, is it this? |
Share price has been on the up lately. Connected to them retaining/expanding the Unilever contract? |
Same price it was oct 1999, no wonder uk shares are known as “ the bug zapper trade “ abso pos. |
And a similar story in the FTKKR's PR move could strain WPP's media conglomerate model2 days agoFinancial Timeshttps://www.ft.com/content/5c8b5d35-de73-439f-a6e9-76d6061d1de7 |
https://www.sharecast.com/news/broker-recommendations/citi-sees-potential-for-wpp-to-raise-shareholder-value--17009212.htmlWpp value through disposals? Kantar media and FGS Global in PR field are two examples... |
Thanks, I should have looked. |
Why the fall today? |
What % of revenue is out of China? The current case might be throwing a shadow with Xu resigning?
Yum, Dyson & Swatch reviewing - may be unrelated, no idea how to check but understandable if some get nervous. Chinese market is important enough to make a difference if headwinds arrive.
"The news of Xu's resignation comes amidst the ongoing bribery case unfolding in Shanghai involving three former GroupM China executive team members. Rycan Di (ex-chief investment officer for GroupM China), Yao Lan (ex-head of digital buying) and Diana Hong (ex-general manager) were all detained by Shanghai's Economic Police Department in October last year on alleged charges of bribery and misconduct, and following a raid at the WPP office in Shanghai.
Read more at: " |
Strange price action, seems they loved the Capital Markets announcement then they didn't! |
MARKET REPORT: Finally some New Year cheer for WPP investorshttps://www.thisismoney.co.uk/money/markets/article-12931581/MARKET-REPORT-Finally-New-Year-cheer-WPP-investors.html |
3rd quarter figures below expectations - unsurprisingly.
Suet |
Victim of the upcoming recession.
Advertising the first to be hit, shipping rates also.
both collapsing.
Sorrel's new venture SFOR had a share price collapse after its results a short time ago.
As you say, share price cut in half, difficult to make money in the UK market.
Although WPP is an international operation.
Profit, dividends are dirty words.
UK not a free market capitalist country. |
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