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Interpublic (NYSE:IPG) stock price target increased to $28.00, issued a research note today by Pivotal Research Group

In a report released on 10/17/2016 Pivotal Research Group increased the stock price target of Interpublic (NYSE:IPG) from $27.00 to $28.00 indicating a possible upside of 0.24%.

Previously on 10/07/2016, RBC Capital Markets reported on Interpublic (NYSE:IPG) increased the target price from $0.00 to $27.00. At the time, this indicated a possible upside of 0.20%.

Yesterday Interpublic (NYSE:IPG) traded 0.76% higher at $22.66. The company’s 50-day moving average is $22.57 and its 200-day moving average is $23.18. The last closing price is down -2.25% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,336,584 shares of the stock traded hands, down from an average trading volume of 3,998,120

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Interpublic (NYSE:IPG)

Interpublic has a 52 week low of $19.79 and a 52 week high of $24.82 with a P/E ratio of 18.82 The company’s market cap is currently $0.

In addition to Pivotal Research Group reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is $25.50 with 5 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Interpublic (NYSE:IPG)

The Interpublic Group of Companies, Inc. (IPG) is an advertising and marketing services company. IPG's companies are engaged in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). IAN includes McCann Worldgroup, Foote, Cone & Belding (FCB), MullenLowe Group, IPG Mediabrands, digital specialist agencies and domestic integrated agencies. CMG includes a range of specialist marketing services offerings. CMG, which includes Weber Shandwick, Cassidy, DeVries, Golin, FutureBrand, Jack Morton and Octagon Worldwide, provides clients with various services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting.

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