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

$31.65
+0.02 (+0.06%)
(As of 11:48 AM 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

Sell
3
Hold
4
Buy
2

Based on 9 Wall Street analysts who have issued ratings for Interpublic Group of Companies in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 9 analysts, 3 have given a sell rating, 4 have given a hold rating, and 2 have given a buy rating for IPG.

Consensus Price Target

$32.44
2.07% Upside
According to the 9 analysts' twelve-month price targets for Interpublic Group of Companies, the average price target is $32.44. 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 2.07% from the current price of $31.65.

IPG Analyst Ratings Over Time

TypeCurrent Forecast
10/17/23 to 10/16/24
1 Month Ago
9/17/23 to 9/16/24
3 Months Ago
7/19/23 to 7/18/24
1 Year Ago
10/17/22 to 10/17/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
3 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$32.44$33.00$34.88$37.22
Forecasted Upside2.07% Upside5.87% Upside16.02% Upside23.70% Upside
Consensus Rating
Reduce
Hold
Hold
Hold

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.
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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.
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Interpublic Group of Companies Stock vs. The Competition

TypeInterpublic Group of CompaniesBusiness Services CompaniesS&P 500
Consensus Rating Score
1.89
2.67
2.50
Consensus RatingReduceModerate BuyHold
Predicted Upside2.55% Upside315.53% Upside6.72% Upside
News Sentiment Rating
Neutral News

See Recent IPG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/2/2024Barclays
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$34.00 ➝ $32.50+4.17%
10/1/2024JPMorgan Chase & Co.
3 of 5 stars
 DowngradeOverweight ➝ Neutral$36.00 ➝ $33.00+4.33%
9/30/2024BNP Paribas
3 of 5 stars
N. Langlet
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DowngradeNeutral ➝ Underperform
9/12/2024UBS Group
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A. Berlin
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DowngradeNeutral ➝ Sell$34.00 ➝ $29.00-6.24%
9/5/2024Bank of America
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 Lower TargetBuy ➝ Buy$36.00 ➝ $35.00+11.93%
7/25/2024Macquarie
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 Lower TargetNeutral ➝ Neutral$33.00 ➝ $31.00+4.84%
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7/22/2024Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight$34.00 ➝ $28.00-5.56%
4/25/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$32.00 ➝ $31.00+0.45%
10/23/2023Citigroup
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 Lower TargetBuy ➝ Buy$43.00 ➝ $40.00+40.94%
2/10/2023Moffett Nathanson
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 DowngradeOutperform ➝ Market Perform$36.00 ➝ $37.00-0.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:20 PM ET.


IPG Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Interpublic Group of Companies is $32.44, with a high forecast of $40.00 and a low forecast of $28.00.

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Interpublic Group of Companies in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" IPG shares.

According to analysts, Interpublic Group of Companies's stock has a predicted upside of 2.49% based on their 12-month stock forecasts.

Over the previous 90 days, Interpublic Group of Companies's stock had 4 downgrades by analysts.

Interpublic Group of Companies has been rated by research analysts at Bank of America, Barclays, BNP Paribas, JPMorgan Chase & Co., Macquarie, Morgan Stanley, and UBS Group in the past 90 days.

Analysts like Interpublic Group of Companies less than other "business services" companies. The consensus rating for Interpublic Group of Companies is Reduce while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how IPG compares to other companies.


This page (NYSE:IPG) was last updated on 10/16/2024 by MarketBeat.com Staff
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