Interpublic Group of Companies, found using ticker (IPG) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 43 and 22 calculating the mean target price we have 33.5. Given that the stocks previous close was at 27.19 this would indicate that there is a potential upside of 23.2%. There is a 50 day moving average of 28.26 and the 200 day MA is 32.16. The market capitalisation for the company is $10,448m. Company Website: https://www.interpublic.com
The potential market cap would be $12,872m 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.
