The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes. The consensus recommendation for stock is 2.00. The stock of Interpublic Group of Companies Inc (NYSE:IPG) has "Neutral" rating given on Tuesday, June 6 by Macquarie Research. Buckingham Research upgraded the shares of IR in report on Thursday, April 14 to "Buy" rating. Jefferies Group LLC reissued a "buy" rating and issued a $27.00 price target on shares of Interpublic Group of Companies, Inc. (The) in a research report on Friday, September 29th. Moreover, Auxier Asset has 0.08% invested in Interpublic Group of Companies Inc (NYSE:IPG). The firm owned 1,815,832 shares of the business services provider's stock after buying an additional 1,773,561 shares during the period. Regentatlantic Lc stated it has 0.1% in Interpublic Group of Companies Inc (NYSE:IPG). (The) from a neutral rating to an underweight rating in a research report on Thursday, July 27th.
Among 17 analysts covering AmerisourceBergen (NYSE:ABC), 8 have Buy rating, 0 Sell and 9 Hold. Van ECK Associates Corp grew its stake in shares of Interpublic Group of Companies, Inc. (The) presently has an average rating of Hold and a consensus target price of $25.71.
Investors and Traders continue to monitor technical levels of shares of The Interpublic Group of Companies, Inc. The stock rose 2.14% or $0.43 reaching $20.78 per share. Cambridge Invest Research Advsr Inc stated it has 15,318 shares or 0.01% of all its holdings. The firm's 50 day moving average is $20.59 and its 200 day moving average is $22.97. The company has market cap of $8.16 billion. In this case, shares are 20.7% higher from $12.26, the worst price in 52 weeks suffered on Sep. IPG's profit would be $129.81 million giving it 15.77 P/E if the $0.33 EPS is correct. The firm's revenue for the quarter was down 1.7% on a year-over-year basis.
Wall Street analysts, on average, are forecasting the company's EPS to be 0.33, compared to 0.31 reported in the same quarter previous year. On average, equities analysts anticipate that Interpublic Group of Companies, Inc. will post $1.43 earnings per share for the current year. MA lifted its holdings in shares of Interpublic Group of Companies, Inc. "(The) (IPG) Downgraded to "Hold" at Zacks Investment Research" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and worldwide copyright law. The company also declared a dividend for shareholders which was paid on Friday the 15th of September 2017. Investors of record on Friday, September 1st were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend was Wednesday, August 30th.
In other news, SVP Ellen Tobi Johnson sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $20.50, for a total transaction of $410,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
A number of other brokerages have also recently weighed in on IPG. River Road Asset Management LLC acquired a new stake in shares of Interpublic Group of Companies, Inc. With the last stock price up -9.37% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. The company was maintained on Tuesday, November 17 by Credit Suisse. Kentucky Retirement System Ins Fund accumulated 10,821 shares or 0.05% of the stock. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. (The) by 6.4% in the 1st quarter.
10/21/2015 - Interpublic Group of Companies, Inc. (The) by 4.0% in the first quarter. MS has diverse figures for different time frames; starting from week's performance its showing bearish trend of -2.10% in last five regular trading sessions.
US stocks traded slightly lower on Thursday, pulling back from record highs, as Wall Street digested earnings from some of the top financial companies.
About Interpublic Group of Companies, Inc. Old Mutual Customised Solutions (Proprietary) has invested 0.03% in Interpublic Group of Companies Inc (NYSE:IPG). The Company specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialized communications disciplines. It operates in two divisions: Integrated Agency Networks and Constituency Management Group (CMG).
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