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Omnicom (NYSE:OMC) target price raised to $87.00, reported today by RBC Capital

Only yesterday Omnicom (NYSE:OMC) traded -0.06% lower at $83.06. Omnicom’s 50-day average is $84.79 and its two hundred day average is $83.39. The last closing price is down -0.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index 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

Omnicom (NYSE:OMC) had its target price raised to $87.00 by RBC Capital in a report released 10/07/2016. The new target price indicates a possible upside of 0.05% based on the company's last stock close price.

See Chart Below

Omnicom (NYSE:OMC)

Omnicom has a one year low of $66.48 and a one year high of $87.50 with a price-earnings ratio of 18.13 OMC’s total market value is presently $0.

A total of 15 equity analysts have released a ratings update on OMC. One equity analyst rating the company a strong buy, three equity analysts rating the company a buy, eleven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $79.67.

Brief Synopsis About Omnicom (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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