Omnicom Group Inc. with ticker code (OMC) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 113 and 77 with the average target price sitting at $97.50. Given that the stocks previous close was at $92.16 this would imply there is now a potential upside of 5.8%. Also worth taking note is the 50 day moving average now sits at $91.35 while the 200 day moving average is $78.02. The total market capitalization for the company now stands at $18,407m. Company Website: https://www.omnicomgroup.com
The potential market cap would be $19,474m based on the market consensus.
Omnicom Group Inc., together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and brand consulting, experiential, execution and support, public relations, and healthcare. The company’s services include advertising, branding, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, digital/direct marketing, digital transformation, entertainment marketing, experiential marketing, field marketing, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare marketing and communications, and in-store design services. Its services also comprise interactive marketing, investor relations, marketing research, media planning and buying, merchandising and point of sale, mobile marketing, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement, promotional marketing, public affairs, retail marketing, sales support, search engine marketing, shopper marketing, social media marketing, and sports and event marketing services. It operates in the North and Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific. The company was incorporated in 1944 and is based in New York, New York.
The company has a dividend yield of 3.04% with the ex dividend date set at 9-3-2023 (DMY).
