Interpublic Group of Companies, with ticker code (IPG) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 45 and 37 and has a mean target at $40.70. Now with the previous closing price of $37.00 this is indicating there is a potential upside of 10.0%. Also worth taking note is the 50 day moving average now sits at $36.13 and the 200 day MA is $32.34. The company has a market cap of $14,125m. Visit the company website at: https://www.interpublic.com
The potential market cap would be $15,538m based on the market consensus.
The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names. The Integrated Advertising & Creativity Led Solutions segment offers advertising, corporate, and brand identity services; and strategic consulting. Specialized Communications & Experiential Solutions segment provides public relations and other specialized communications services, events, sports and entertainment marketing, and strategic consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in `January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.
The company has a dividend yield of 3.35% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 15.62, revenue per share of 27.91 and a 4.8% return on assets.
