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Zacks Investment Research downgraded Interpublic Group of Companies Inc (NYSE:IPG) to Hold in a report released today.

Just yesterday Interpublic Group of Companies Inc (NYSE:IPG) traded -0.89% lower at $24.28. Interpublic Group of Companies Inc’s 50-day moving average is $20.66 and its 200-day moving average is $23.47. The last closing price is up -14.74% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 6,187,351 shares of IPG traded hands, up from an average trading volume of 5,032,470

Zacks Investment Research has downgraded Interpublic Group of Companies Inc (NYSE:IPG) to Hold in a report released on Wednesday June 21, 2017.

Recent Performance Chart

Interpublic Group of Companies Inc (NYSE:IPG)

Interpublic Group of Companies Inc has 52 week low of $19.57 and a 52 week high of $25.71 with a PE ratio of 14.41 and has a market capitalization of $0.

In addition to Zacks Investment Research 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.

Brief Synopsis On Interpublic Group of Companies Inc (NYSE:IPG)

The Interpublic Group of Companies, Inc. is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). Its agencies offer customized marketing programs for clients that range in scale from global marketers to regional and local clients. IAN consists of McCann Worldgroup, FCB, MullenLowe Group, IPG Mediabrands, its digital specialist agencies and its domestic integrated agencies. CMG consists of its specialist marketing services offerings. It has three global networks: McCann Worldgroup, Foote, Cone & Belding and MullenLowe Group, which provide integrated, advertising and marketing solutions for clients. Its global media services companies include UM and Initiative, which operate under the IPG Mediabrands umbrella.

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