The Interpublic Group of Companies Inc has a consensus price target of $34.92 based on the ratings of 13 analysts. The high is $41 issued by Argus Research on March 21, 2022. The low is $28 issued by Morgan Stanley on July 22, 2024. The 3 most-recent analyst ratings were released by UBS, B of A Securities, and Barclays on September 12, 2024, September 5, 2024, and July 25, 2024, respectively. With an average price target of $32.67 between UBS, B of A Securities, and Barclays, there's an implied 4.37% upside for The Interpublic Group of Companies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Interpublic Gr of Cos (NYSE:IPG) was reported by UBS on September 12, 2024. The analyst firm set a price target for $29.00 expecting IPG to fall to within 12 months (a possible -7.35% downside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Interpublic Gr of Cos (NYSE:IPG) was provided by UBS, and Interpublic Gr of Cos downgraded their sell rating.
The last upgrade for The Interpublic Group of Companies Inc happened on March 30, 2023 when B of A Securities raised their price target to $40. B of A Securities previously had a neutral for The Interpublic Group of Companies Inc.
The last downgrade for The Interpublic Group of Companies Inc happened on September 12, 2024 when UBS changed their price target from $34 to $29 for The Interpublic Group of Companies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Interpublic Gr of Cos, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Interpublic Gr of Cos was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Interpublic Gr of Cos (IPG) rating was a downgraded with a price target of $34.00 to $29.00. The current price Interpublic Gr of Cos (IPG) is trading at is $31.30, which is out of the analyst’s predicted range.
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