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The Interpublic Group of Companies Inc has a consensus price target of $34 based on the ratings of 13 analysts. The high is $41 issued by Argus Research on March 21, 2022. The low is $26 issued by Wells Fargo on October 22, 2024. The 3 most-recent analyst ratings were released by Barclays, Macquarie, and Wells Fargo on October 23, 2024, October 22, 2024, and October 22, 2024, respectively. With an average price target of $29.67 between Barclays, Macquarie, and Wells Fargo, there's an implied 7.04% 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 Barclays on October 23, 2024. The analyst firm set a price target for $32.00 expecting IPG to rise to within 12 months (a possible 15.46% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Interpublic Gr of Cos (NYSE:IPG) was provided by Barclays, and Interpublic Gr of Cos maintained their equal-weight 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 October 22, 2024 when Wells Fargo changed their price target from $28 to $26 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 October 23, 2024 so you should expect the next rating to be made available sometime around October 23, 2025.
While ratings are subjective and will change, the latest Interpublic Gr of Cos (IPG) rating was a maintained with a price target of $32.50 to $32.00. The current price Interpublic Gr of Cos (IPG) is trading at is $27.72, which is out of the analyst’s predicted range.
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