News articles about Interpublic Group of Companies (NYSE:IPG) have been trending positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Interpublic Group of Companies earned a media sentiment score of 0.34 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.1477064905966 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Interpublic Group of Companies (NYSE:IPG) traded up $0.34 during midday trading on Tuesday, reaching $22.25. 1,936,758 shares of the company’s stock were exchanged, compared to its average volume of 5,223,980. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.63. Interpublic Group of Companies has a 12-month low of $18.30 and a 12-month high of $25.71. The company has a market cap of $8,448.35, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 2.24 and a beta of 1.45.
Several equities research analysts have recently issued reports on IPG shares. ValuEngine cut shares of Interpublic Group of Companies from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Morgan Stanley lifted their price objective on shares of Interpublic Group of Companies to $23.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. Bank of America lowered shares of Interpublic Group of Companies from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 25th. Zacks Investment Research upgraded shares of Interpublic Group of Companies from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, Pivotal Research reiterated a “buy” rating and set a $26.00 price target on shares of Interpublic Group of Companies in a research note on Tuesday, January 23rd. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $25.71.
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Interpublic Group of Companies Company Profile
The Interpublic Group of Companies, Inc is a global advertising and marketing services company. The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG).
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