Interpublic Group of Companies (The) (IPG) : During the past 4 weeks, traders have been relatively bearish on Interpublic Group of Companies (The) (IPG), hence the stock is down -4.98% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.21% relative to the S&P 500. The stock has risen by 0.22% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.61% in the past 4 weeks.
Interpublic Group of Companies (The) (NYSE:IPG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.87 and $22.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.11, notching a gain of 1.45% for the day. The total traded volume was 3,245,594 . The stock had closed at $22.78 on the previous day.
The stock has recorded a 20-day Moving Average of 1.26% and the 50-Day Moving Average is 1.78%. The Interpublic Group of Companies, Inc. has dropped 1.36% during the last 3-month period . Year-to-Date the stock performance stands at 0.61%.
Interpublic Group of Companies (The) (IPG) : The consensus price target for Interpublic Group of Companies (The) (IPG) is $26 for the short term with a standard deviation of $1.41. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $24.
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.