Barclays Maintains Equal-Weight Rating for Interpublic Gr of Cos: Here's What You Need To Know

Barclays has decided to maintain its Equal-Weight rating of Interpublic Gr of Cos IPG and lower its price target from $42.00 to $40.00.

Shares of Interpublic Gr of Cos are trading up 1.29% over the last 24 hours, at $35.66 per share.

A move to $40.00 would account for a 12.15% increase from the current share price.

About Interpublic Gr of Cos

Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 80% of its revenue from developed regions such as the United States and Europe.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.