Omnicom Group (NYSE:OMC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.43 by 7 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Barclays downgrades its rating on Omnicom Group (NYSE:OMC). As per the latest information, the brokerage house raises the price target to $90 per share from a prior target of $82. The shares have been rated Equal-weight. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on April 20, 2016.
Omnicom Group (NYSE:OMC): The mean estimate for the short term price target for Omnicom Group (NYSE:OMC) stands at $81.6 according to 5 Analysts. The higher price target estimate for the stock has been calculated at $90 while the lower price target estimate is at $69.
Omnicom Group (NYSE:OMC) rose 0.4% or 0.33 points on Tuesday and made its way into the gainers of the day. After trading began at $83.28 the stock was seen hitting $83.65 as a peak level and $82.57 as the lowest level. The stock ended up at $83.28. The daily volume was measured at 1,343,965 shares. The 52-week high of the share price is $85.95 and the 52-week low is $64.1216. The company has a market cap of $19,800 million.
Shares of Omnicom Group Inc. rose by 1.75% in the last five trading days and 1.24% for the last 4 weeks. Omnicom Group Inc. is up 3.05% in the last 3-month period. Year-to-Date the stock performance stands at 11.49%.
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.