Interpublic Group of Companies, found using ticker (IPG) have now 9 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 43 and 22 calculating the average target price we see 33.86. Given that the stocks previous close was at 30.7 this is indicating there is a potential upside of 10.3%. There is a 50 day moving average of 28.78 while the 200 day moving average is 33.53. The company has a market capitalisation of $11,707m. Company Website: https://www.interpublic.com
The potential market cap would be $12,912m based on the market concensus.
The Interpublic Group of Companies provides advertising and marketing services worldwide. It operates in two segments, Integrated Agency Networks (IAN) and IPG DXTRA. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines, as well as data science services. It also provides various diversified services, including meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies in January 1961. The Interpublic Group of Companies was founded in 1902 and is headquartered in New York, New York.
