Market Overview

UPDATE: Pivotal Research Group Upgrades Omnicom Group to Buy, Reiterates $56 PT

Share:
Related OMC
Omnicon Reports Pact With National Cinemedia To Cover ~$50M In Advertising Over Next Year
Benzinga's Top Downgrades
WPP's Xaxis Buys ActionX, Expands E-Commerce Footprint - Analyst Blog (Zacks)

In a report published Wednesday, Pivotal Research Group upgraded its rating on Omnicom Group (NYSE: OMC) from Hold to Buy, and reiterated its $56.00 price target.

Pivotal Research noted, “We our upgrading our recommendation on Omnicom from to BUY from HOLD. We initiated coverage on the company this January, at which time OMC traded at $46.74, with a HOLD rating. Since our initiation, OMC stock has risen by 2%, vs. the S&P, which was up by 7% since that time.”

Omnicom Group closed on Tuesday at $47.80.

Latest Ratings for OMC

DateFirmActionFromTo
Feb 2015BMO CapitalDowngradesOutperformMarket Perform
Jan 2015FBR CapitalDowngradesOutperformMarket Perform
Jan 2015Evercore PartnersDowngradesBuyHold

View More Analyst Ratings for OMC
View the Latest Analyst Ratings

Posted-In: Pivotal Research GroupAnalyst Color Upgrades Analyst Ratings

 

Related Articles (OMC)

Around the Web, We're Loving...