Interpublic Group of Companies (IPG) Stock Forecast & Price Target

$31.09

-0.37 (-1.18%)

(As of 09/6/2024 ET)

Interpublic Group of Companies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 8 Analyst Ratings

Based on 8 Wall Street analysts who have issued ratings for Interpublic Group of Companies in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 1 has given a sell rating, 4 have given a hold rating, and 3 have given a buy rating for IPG.

Consensus Price Target

$33.88
8.96% Upside

High Forecast	$40.00
Average Forecast	$33.88
Low Forecast	$28.00

According to the 8 analysts' twelve-month price targets for Interpublic Group of Companies, the average price target is $33.88. The highest price target for IPG is $40.00, while the lowest price target for IPG is $28.00. The average price target represents a forecasted upside of 8.96% from the current price of $31.09.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$33.88	$34.13	$35.13	$39.00
Forecasted Upside	8.96% Upside	14.04% Upside	14.44% Upside	15.62% Upside

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IPG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IPG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Interpublic Group of Companies Stock vs. The Competition

Type	Interpublic Group of Companies	Business Services Companies	S&P 500
Consensus Rating Score	2.25	2.66	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	8.96% Upside	253.49% Upside	11.35% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/5/2024	Bank of America 4 of 5 stars	Lower Target	Buy ➝ Buy	$36.00 ➝ $35.00	+11.93%
7/25/2024	Barclays 3 of 5 stars	Lower Target	Equal Weight ➝ Equal Weight	$35.00 ➝ $34.00	+14.98%
7/25/2024	Macquarie 2 of 5 stars	Lower Target	Neutral ➝ Neutral	$33.00 ➝ $31.00	+4.84%
7/22/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Equal Weight ➝ Underweight	$34.00 ➝ $28.00	-5.56%
7/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$37.00 ➝ $36.00	+22.16%
4/25/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$32.00 ➝ $31.00	+0.45%
Get the Latest News and Ratings for IPG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Interpublic Group of Companies and its competitors with MarketBeat's FREE daily newsletter.
1/11/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$36.00	+10.50%
10/23/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$43.00 ➝ $40.00	+40.94%
3/29/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$40.00	+13.51%
2/10/2023	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$36.00 ➝ $37.00	-0.32%
9/8/2022	ING Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral ➝ Buy
9/8/2022	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:48 PM ET.

IPG Forecast - Frequently Asked Questions

What is Interpublic Group of Companies' forecast for 2024?: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Interpublic Group of Companies is $33.88, with a high forecast of $40.00 and a low forecast of $28.00.
Should I buy or sell Interpublic Group of Companies stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" IPG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPG, but not buy additional shares or sell existing shares.
Does Interpublic Group of Companies's stock price have much upside?: According to analysts, Interpublic Group of Companies's stock has a predicted upside of 12.29% based on their 12-month stock forecasts.
Has Interpublic Group of Companies been downgraded by Wall Street analysts recently?: Over the previous 90 days, Interpublic Group of Companies's stock had 1 downgrade by analysts.
What analysts cover Interpublic Group of Companies?: Interpublic Group of Companies has been rated by research analysts at Bank of America, Barclays, JPMorgan Chase & Co., Macquarie, and Morgan Stanley in the past 90 days.
Do Wall Street analysts like Interpublic Group of Companies more than its competitors?: Analysts like Interpublic Group of Companies less than other "business services" companies. The consensus rating for Interpublic Group of Companies is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how IPG compares to other companies.