Interpublic Group of Companies, with ticker code (IPG) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 47 and 32 with the average target price sitting at 41.36. Given that the stocks previous close was at 36.32 this is indicating there is a potential upside of 13.9%. The day 50 moving average is 36.62 and the 200 day moving average is 35.5. The company has a market cap of $14,411m. Visit the company website at: https://www.interpublic.com
The potential market cap would be $16,411m 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 management 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.
