(CercleFinance.com) – WPP fell by 1% and thus underperformed the trend in London, affected by a deterioration of opinion at Oddo BHF from ‘outperformance’ to ‘neutral’ on the title of the communications group, with an objective price reduced from 1150 to 990 pence.
‘Certainly the valuation of the group is very low and the momentum should gradually improve, but we feared that this would take longer than we previously expected’, indicates the analyst, for whom the title lacks a catalyst in the short term. term.
Copyright © 2023 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends using the buttons below.
