Interpublic Group of Companies, with ticker code (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 with the average target price sitting at 33.86. With the stocks previous close at 29.05 this is indicating there is a potential upside of 16.6%. The 50 day moving average now sits at 28.9 and the 200 day MA is 33.68. The company has a market capitalisation of $11,641m. You can visit the company’s website by visiting: https://www.interpublic.com
The potential market cap would be $13,568m 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.
