WPP PLC
WPP: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 172.00 | Gymcgjp | Bnjffjg |
WPP Is Now 3 Stars Due to Price Appreciation; Alphabet and Meta Platforms Remain Attractive
We no longer view WPP as one of the more attractive names in the advertising space as the stock is now in 3-star territory and is approaching our fair value estimate of GBX 1,340. We now see better investment opportunities in names like Alphabet and Meta Platforms, trading at only 0.78 and 0.77 times our fair value estimates, respectively.