STOCK WATCH

MARKETING giant WPP has fallen 30pc over the past six months, from above 1900p in April.

Analysts at Berenberg yesterday cut their price target, from 1750p to 1410p but kept their ‘hold’ recommendation.

They told investors: ‘An increasingly complex and fragmented media landscape will increase advertisers’ need for advice but it also provides opportunities for greater numbers of competitors.’ Shares closed down 0.9pc, or 12p, at 1322p.