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Omnicom Group (OMC) Stock Forecast & Price Target

$104.48
-0.74 (-0.70%)
(As of 10/18/2024 08:52 PM ET)

Omnicom Group - 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
1
Hold
2
Buy
6

Based on 9 Wall Street analysts who have issued ratings for Omnicom Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, 2 have given a hold rating, and 6 have given a buy rating for OMC.

Consensus Price Target

$110.11
5.39% Upside
According to the 9 analysts' twelve-month price targets for Omnicom Group, the average price target is $110.11. The highest price target for OMC is $124.00, while the lowest price target for OMC is $89.00. The average price target represents a forecasted upside of 5.39% from the current price of $104.48.

OMC Analyst Ratings Over Time

TypeCurrent Forecast
10/22/23 to 10/21/24
1 Month Ago
9/22/23 to 9/21/24
3 Months Ago
7/24/23 to 7/23/24
1 Year Ago
10/22/22 to 10/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$110.11$106.30$104.70$93.25
Forecasted Upside5.39% Upside3.91% Upside13.45% Upside26.12% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

OMC 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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OMC 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Omnicom Group Stock vs. The Competition

TypeOmnicom GroupBusiness Services CompaniesS&P 500
Consensus Rating Score
2.56
2.67
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside5.39% Upside258.79% Upside6.20% Upside
News Sentiment Rating
Positive News

See Recent OMC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/17/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$110.00 ➝ $121.00+14.66%
10/16/2024Macquarie
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$110.00 ➝ $120.00+14.04%
10/16/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$120.00 ➝ $124.00+17.66%
10/16/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$118.00 ➝ $119.00+14.40%
10/16/2024Wells Fargo & Company
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S. Cahall
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DowngradeOverweight ➝ Equal Weight$106.00 ➝ $110.00+5.75%
9/5/2024Bank of America
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 Boost TargetUnderperform ➝ Underperform$87.00 ➝ $89.00-10.40%
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4/17/2024Moffett Nathanson
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 Boost TargetNeutral ➝ Neutral$89.00 ➝ $93.00+0.59%
3/28/2024BNP Paribas
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 UpgradeNeutral ➝ Outperform$115.00+20.85%
12/15/2023Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$90.00 ➝ $100.00+15.70%
10/19/2023Citigroup
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 Lower TargetBuy ➝ Buy$113.00 ➝ $112.00+49.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:12 AM ET.


OMC Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Omnicom Group is $110.11, with a high forecast of $124.00 and a low forecast of $89.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Omnicom Group in the last year. There is currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OMC shares.

According to analysts, Omnicom Group's stock has a predicted upside of 5.39% based on their 12-month stock forecasts.

Over the previous 90 days, Omnicom Group's stock had 1 downgrade by analysts.

Omnicom Group has been rated by research analysts at Bank of America, Barclays, JPMorgan Chase & Co., Macquarie, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Omnicom Group less than other "business services" companies. The consensus rating score for Omnicom Group is 2.56 while the average consensus rating score for "business services" companies is 2.67. Learn more on how OMC compares to other companies.


This page (NYSE:OMC) was last updated on 10/21/2024 by MarketBeat.com Staff
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