Interpublic Group of Companies (The) (IPG) Receives Price Target

Interpublic Group of Companies (The) (IPG) : 4 investment research analysts covering Interpublic Group of Companies (The) (IPG) have an average price target of $26 for the near short term. The highest target price given by the Brokerage Firm to the stock is $28 and the lowest target is $24 for the short term. Analysts expect the variance to be within $1.63 of the average price.

Interpublic Group of Companies (The) (IPG) : 5 analysts are covering Interpublic Group of Companies (The) (IPG) and their average rating on the stock is 1.2, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Interpublic Group of Companies (The) (IPG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.


Interpublic Group of Companies (The) (NYSE:IPG): The stock opened at $23.17 on Thursday but the bulls could not build on the opening and the stock topped out at $23.34 for the day. The stock traded down to $22.89 during the day, due to lack of any buying support eventually closed down at $22.97 with a loss of -0.73% for the day. The stock had closed at $23.14 on the previous day. The total traded volume was 2,558,839 shares.

The Interpublic Group of Companies, Inc. (IPG) is a global advertising and marketing services company. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). IAN includes McCann Worldgroup, Foote, Cone & Belding, Lowe and Partners, IPG Mediabrands, its digital specialist agencies and its domestic integrated agencies. IANs domestic integrated agencies, including Hill Holliday, Carmichael Lynch, Dailey, Tierney and Mullen, provide a range of advertising, marketing communications services and/or marketing services. CMG, which includes Weber Shandwick, Cassidy, DeVries, Golin, FutureBrand, Jack Morton and Octagon Worldwide, provides diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity and strategic marketing consulting.

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