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WPP Group plc (NASDAQ:WPPGY) has been downgraded from Outperform to Underperform in a statement by Exane BNP Paribas earlier today.

Boasting a price of $103.24, WPP Group plc (NASDAQ:WPPGY) traded -0.12% lower on the day. With the last stock price close down -6.09% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. WPP Group plc has recorded a 50-day average of $102.83 and a two hundred day average of $108.41. Volume of trade was down over the average, with 101,371 shares of WPPGY changing hands under the typical 133,091

Exane BNP Paribas has downgraded WPP Group plc (NASDAQ:WPPGY) from Outperform to Underperform in a statement released on 7/07/2017.

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With a total market value of $0, WPP Group plc has price-earnings ratio of 14.28 with a one year low of $99.94 and a one year high of $121.55 .

A total of 2 equity analysts have released a ratings update on WPPGY. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $136.95.

Brief Synopsis About WPP Group plc (NASDAQ:WPPGY)

WPP plc provides various communications services worldwide. The company operates through four segments: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services. The Data Investment Management segment offers brand, consumer, media, and marketplace insight services. The Public Relations & Public Affairs segment provides corporate, consumer, financial, and brand-building services. The Branding & Identity, Healthcare and Specialist Communications segment is involved in branding and identity; healthcare communications; and direct, digital, promotional, and relationship marketing activities. This segment also offers specialist communications services, such as custom media and multicultural marketing; event, sports, youth, and entertainment marketing; corporate and business-to-business; and media, technology, and production services. WPP plc was founded in 1985 and is based in London, the United Kingdom.

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