Omnicom Group (OMC) Shares are Up 0.91%

Omnicom Group (OMC) has been under a strong bear grip, hence the stock is down -1.43% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.75% in the past 1 week. The stock has risen by 0.91% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.96% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.5% and the 50-Day Moving Average is 1.72%.The 200 Day SMA reached 6.84%


Omnicom Group (NYSE:OMC): After opening at $84.49, the stock dipped to an intraday low of $84.24 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $85.4 and the buying power remained strong till the end. The stock closed at $85 for the day, a gain of 1.13% for the day session. The total traded volume was 1,353,363. The stocks close on the previous trading day was $85.

Omnicom Group (OMC) : Average target price received by Omnicom Group (OMC) is $81.33 with an expected standard deviation of $6.38. The most aggressive target on the stock is $86, whereas the most downbeat target is $69. 6 financial analysts are currently covering the stock.

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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