Interpublic Group of Companies, with ticker code (IPG) have now 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 46 and 22 with a mean TP of 34.97. Now with the previous closing price of 27.95 this would imply there is a potential upside of 25.1%. There is a 50 day moving average of 29.95 and the 200 day MA is 34.51. The company has a market cap of $10,983m. Company Website: https://www.interpublic.com
The potential market cap would be $13,742m 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.
