Analyst Rating Update on Omnicom Group (OMC)

Omnicom Group (OMC) : 7 analysts are covering Omnicom Group (OMC) and their average rating on the stock is 2.71, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Omnicom Group (OMC) : The highest short term price target forecast on Omnicom Group (OMC) is $86 and the lowest target price is $69. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $81.33 with a standard deviation of $6.38.

Company shares have received an average consensus rating of Hold for the current week


Omnicom Group (NYSE:OMC): The stock opened at $81.27 on Wednesday but the bulls could not build on the opening and the stock topped out at $81.41 for the day. The stock traded down to $80.87 during the day, due to lack of any buying support eventually closed down at $81.11 with a loss of -0.17% for the day. The stock had closed at $81.25 on the previous day. The total traded volume was 830,239 shares.

Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in 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. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.

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