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Omnicom Group Inc. (NYSE:OMC) target bumped up to $93.00, released a ratings update earlier today by Zacks Investment Research

Yesterday Omnicom Group Inc. (NYSE:OMC) traded -0.06% lower at $82.95. The company’s 50-day moving average is $84.79 and its 200-day moving average is $83.39. The last stock close price is down -0.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 360,842 shares of the stock were exchanged, down from an average trading volume of 1,247,280

Indicating a possible upside of 0.12%, Zacks Investment Research increased the stock price target of Omnicom Group Inc. (NYSE:OMC) to $93.00

See Chart Below

Omnicom Group Inc. (NYSE:OMC)

Omnicom Group Inc. has a 52 week low of $66.48 and a 52 week high of $87.50 with a P/E ratio of 18.13 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is $79.67 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 11 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Omnicom Group Inc. (NYSE:OMC)

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Company's branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. The Company's services include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, direct marketing, entertainment marketing, environmental design, experiential marketing, field marketing, graphic arts/digital imaging, healthcare communications, interactive marketing, investor relations, marketing research, media planning and buying, mobile marketing, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement and promotional marketing.

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