Several brokerages have updated their recommendations and price targets on shares of Interpublic Group of Companies (NYSE: IPG) in the last few weeks:
- 1/28/2025 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 1/27/2025 – Interpublic Group of Companies was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $39.00 price target on the stock, up previously from $32.00.
- 1/24/2025 – Interpublic Group of Companies was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $36.00 price target on the stock, up previously from $32.00.
- 1/20/2025 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 1/12/2025 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 1/10/2025 – Interpublic Group of Companies was upgraded by analysts at BNP Paribas from an “underperform” rating to an “outperform” rating. They now have a $38.00 price target on the stock.
- 1/4/2025 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 12/27/2024 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 12/19/2024 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 12/10/2024 – Interpublic Group of Companies was upgraded by analysts at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating. They now have a $34.00 price target on the stock, up previously from $26.00.
Interpublic Group of Companies Price Performance
NYSE IPG traded down $0.18 during trading hours on Tuesday, reaching $28.82. The company’s stock had a trading volume of 5,000,405 shares, compared to its average volume of 4,639,187. The stock has a market cap of $10.74 billion, a PE ratio of 13.59 and a beta of 1.11. The Interpublic Group of Companies, Inc. has a fifty-two week low of $26.30 and a fifty-two week high of $35.17. The company’s 50-day moving average is $28.77 and its two-hundred day moving average is $30.01. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.09 and a current ratio of 1.09.
Institutional Investors Weigh In On Interpublic Group of Companies
Large investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. boosted its stake in shares of Interpublic Group of Companies by 25,637.0% during the 4th quarter. Pacer Advisors Inc. now owns 7,403,256 shares of the business services provider’s stock worth $207,439,000 after purchasing an additional 7,374,491 shares during the last quarter. State Street Corp boosted its stake in shares of Interpublic Group of Companies by 15.1% during the 3rd quarter. State Street Corp now owns 29,844,859 shares of the business services provider’s stock worth $943,993,000 after purchasing an additional 3,920,975 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Interpublic Group of Companies by 10.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,402,349 shares of the business services provider’s stock worth $139,246,000 after purchasing an additional 417,741 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of Interpublic Group of Companies during the 4th quarter worth about $9,041,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Interpublic Group of Companies by 7.8% during the 4th quarter. Bank of New York Mellon Corp now owns 4,271,759 shares of the business services provider’s stock worth $119,695,000 after purchasing an additional 310,621 shares during the last quarter. 98.43% of the stock is owned by institutional investors and hedge funds.
The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.
Featured Stories
- Five stocks we like better than Interpublic Group of Companies
- What is an Earnings Surprise?
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- ETF Screener: Uses and Step-by-Step Guide
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for The Interpublic Group of Companies Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Interpublic Group of Companies Inc and related companies with MarketBeat.com's FREE daily email newsletter.