Brokerage Firm Rating Update on Interpublic Group of Companies (The) (IPG)

Interpublic Group of Companies (The) (IPG) has an average broker rating of 1.2, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Interpublic Group of Companies (The) (IPG) : The highest level Interpublic Group of Companies (The) (IPG) is projected to reach is $28 for the short term and the lowest estimate is at $24. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $26 and the possibility the share price can swing is $1.63.


For the current week, the company shares have a recommendation consensus of Buy.

Interpublic Group of Companies (The) (NYSE:IPG): The stock opened at $22.67 and touched an intraday high of $23.2 on Wednesday. During the day, the stock corrected to an intraday low of $22.52, however, the bulls stepped in and pushed the price higher to close in the green at $23.16 with a gain of 1.85% for the day. The total traded volume for the day was 5,688,147. The stock had closed at $22.74 in the previous trading session.

The Interpublic Group of Companies, Inc. (IPG) is a global advertising and marketing services company. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). IAN includes McCann Worldgroup, Foote, Cone & Belding, Lowe and Partners, IPG Mediabrands, its digital specialist agencies and its domestic integrated agencies. IANs domestic integrated agencies, including Hill Holliday, Carmichael Lynch, Dailey, Tierney and Mullen, provide a range of advertising, marketing communications services and/or marketing services. CMG, which includes Weber Shandwick, Cassidy, DeVries, Golin, FutureBrand, Jack Morton and Octagon Worldwide, provides diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity and strategic marketing consulting.

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