Brokerage Firm Rating Update on Omnicom Group (OMC)

Omnicom Group (OMC) : The consensus on Omnicom Group (OMC) based on 7 analyst recommendation on the company stock is 2.71, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Omnicom Group (OMC) : The highest level Omnicom Group (OMC) is projected to reach is $86 for the short term and the lowest estimate is at $69. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $81.33 and the possibility the share price can swing is $6.38.


Company shares have received an average consensus rating of Hold for the current week

Omnicom Group (NYSE:OMC): The stock opened at $86.12 and touched an intraday high of $87.5 on Wednesday. During the day, the stock corrected to an intraday low of $86.12, however, the bulls stepped in and pushed the price higher to close in the green at $87.15 with a gain of 0.90% for the day. The total traded volume for the day was 1,019,187. The stock had closed at $86.37 in the previous trading session.

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.

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