Interpublic (NYSE:IPG) target price increased to $27.00, issued a research note today by RBC Capital
- Updated: October 6, 2016
RBC Capital upped the price target of Interpublic (NYSE:IPG) to $27.00 reporting a possible upside of 0.22%.
Boasting a price of $22.21, Interpublic (NYSE:IPG) traded 0.45% higher on the day. With the last close down -4.06% from the two hundred day average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $22.65 and a 200-day moving average of $23.15. 3,376,584 shares of IPG traded, down from an avg. volume of 3,989,780
Recent Performance Chart
With a total market value of $0, Interpublic has P/E ratio of 18.45 with a 52 week low of $19.79 and a 52 week high of $24.82 .
Also covering Interpublic's target, a total of 13 brokerages have issued a ratings update on Interpublic. The 12-month price target is $25.50 with 5 brokers rating the stock a strong buy, eight equity analysts rating the company a buy, 4 firms rating the company a hold, zero analysts rating the company a underperform, and lastly zero brokerages rating the company 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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