Interpublic Group of Companies, which can be found using ticker (IPG) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 45 and 37 with the average target price sitting at $40.70. Now with the previous closing price of $37.27 this would imply there is now a potential upside of 9.2%. There is a 50 day moving average of $36.21 and the 200 day moving average is $31.84. The total market capitalization for the company now stands at $14,422m. Company Website: https://www.interpublic.com
The potential market cap would be $15,750m 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 3.33% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 15.8, revenue per share of 27.91 and a 4.8% return on assets.
