Interpublic Group of Companies, with ticker code (IPG) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 43 and 22 with a mean TP of 33.86. With the stocks previous close at 28.8 this indicates there is a potential upside of 17.6%. The day 50 moving average is 28.72 while the 200 day moving average is 33.36. The market capitalisation for the company is $11,258m. You can visit the company’s website by visiting: https://www.interpublic.com
The potential market cap would be $13,236m 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.
