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) (IPG) : The consensus price target for Interpublic Group of Companies (The) (IPG) is $26 for the short term with a standard deviation of $1.41. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $24.
For the current week, the company shares have a recommendation consensus of Buy.
Interpublic Group of Companies (The) (NYSE:IPG): The stock was completely flat for the day, closing at $22.60 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $22.56, the stock touched an intraday high of $22.70 and a low of $22.44. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $22.60. The total trading volume on Wednesday was 4,176,574.
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.