Interpublic Group of Companies, found using ticker (IPG) have now 11 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 39 and 28 with the average target price sitting at 35.36. Now with the previous closing price of 35.69 this would imply there is a potential downside of -.9%. There is a 50 day moving average of 32.71 while the 200 day moving average is 30.65. The company has a market capitalisation of $13,917m. You can visit the company’s website by visiting: https://www.interpublic.com
The potential market cap would be $13,788m based on the market concensus.
The Interpublic Group of Companies, Inc. 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, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.