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WPP ( (GB:WPP) ) has issued an announcement.
WPP announced that its CEO, Mark Read, will retire at the end of 2025 after over 30 years with the company, including seven years as CEO. Under his leadership, WPP has become a world leader in marketing services, with significant investments in AI and technology, and has been recognized for its creativity. The search for a successor is underway, and Read will continue to lead the company until a new CEO is appointed, ensuring a smooth transition and continued focus on the company’s growth strategy.
The most recent analyst rating on (GB:WPP) stock is a Hold with a £730.00 price target. To see the full list of analyst forecasts on WPP stock, see the GB:WPP Stock Forecast page.
Spark’s Take on GB:WPP Stock
According to Spark, TipRanks’ AI Analyst, GB:WPP is a Outperform.
WPP’s overall score is driven by solid financial performance and strategic corporate actions. However, technical indicators suggest bearish momentum, and challenges in revenue growth and regional performance impact the score.
To see Spark’s full report on GB:WPP stock, click here.
More about WPP
WPP is a creative transformation company that leverages the power of creativity to build better futures for its people, planet, clients, and communities. It is a leader in modern marketing services with strong capabilities in AI, data, and technology, and has a global presence with unmatched creative talent.
Average Trading Volume: 3,646,990
Technical Sentiment Signal: Sell
Current Market Cap: £6.03B
Find detailed analytics on WPP stock on TipRanks’ Stock Analysis page.