Analysts Set Interpublic Group of Companies Inc (IPG) PT at $26.63

Jeannie Matthews
January 13, 2018

Acrospire Investment Management LLC grew its holdings in Interpublic Group of Companies by 755.0% in the second quarter. Dupont Cap Management Corporation has invested 0.06% in The Interpublic Group of Companies, Inc. The stock increased 1.53% or $0.32 during the last trading session, reaching $21.22. Currently, the stock has a 3 months average volume of 6.17 million. Citi Trends, Inc. (NASDAQ:CTRN) has risen 16.80% since January 11, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Amg Funds Llc increased Interpublic Group Cos Inc (IPG) stake by 33.17% reported in 2017Q3 SEC filing. Cambridge Trust Company sold 324,728 shares as the company's stock declined 0.78% while stock markets rallied.

The consensus recommendation - averaging the work of 13 analysts - of 2.2 for TEGNA Inc. Acrospire Investment Management LLC now owns 4,506 shares of the business services provider's stock worth $111,000 after purchasing an additional 3,979 shares during the last quarter. The target implies a 5.22% spike from where the shares are now trading. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. (NYSE:IPG) has risen 3.01% since January 11, 2017 and is uptrending. It has underperformed by 13.69% the S&P500.

Among 15 analysts covering Enbridge Inc. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell). Therefore 40% are positive. The stock of Visa Inc. The stock has "Outperform" rating by BMO Capital Markets on Wednesday, July 26. The firm earned "Buy" rating on Wednesday, July 26 by Argus Research. The stock has "Overweight" rating by Morgan Stanley on Friday, December 18. Oppenheimer has "Outperform" rating and $85 target. As year-end 2014, the company had estimated proved reserves of 8.9 billion oil-equivalent barrels (BOE). (NYSE:V) rating on Monday, October 30. Recently, investment analysts covering the stock have updated the mean rating to 2.75. The stock has "Top Pick" rating by RBC Capital Markets on Friday, January 6.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It is negative, as 47 investors sold P shares while 59 reduced holdings. 142 funds opened positions while 524 raised stakes. Campbell And Communications Inv Adviser Limited stated it has 0.35% in Pattern Energy Group Inc. Bancshares Of America De reported 0% stake. (NYSE:V) for 55,000 shares. Nikko Asset Mngmt Americas invested in 0.68% or 132,900 shares. Moreover, Manufacturers Life The has 0% invested in Citi Trends, Inc. (NYSE:IPG). Los Angeles Cap & Equity accumulated 279,278 shares or 0.03% of the stock. About 4.60 million shares traded. Arete Wealth Advsr Ltd Liability has 4,114 shares. Shell Asset Mngmt Company, a Netherlands-based fund reported 72,200 shares. Stralem And Inc invested in 226,675 shares. The Pennsylvania-based Vanguard Gru has invested 0% in Citi Trends, Inc. It had closed the previous session at $20.31.

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After $0.84 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth. The investor is now holding $77.3 million shares due in part to a decrease of 1.46 million new shares in their portfolio.

Since August 21, 2017, it had 0 buys, and 1 sale for $410,000 activity. There were 77 sold out positions, amounting to 9.21 million shares. Pandora Media Inc (Call) now has $1.14B valuation. The firm has "Neutral" rating given on Monday, February 8 by M Partners. Finally, Ameritas Investment Partners Inc. grew its holdings in Interpublic Group of Companies by 1.0% during the second quarter.

ConocoPhillips (COP) reported its last quarterly earnings on 9/29/2017 where the firm reported its Actual EPS of $0.16/share against the analyst consensus estimate of $0.08/share. IPG's profit would be $299.22M giving it 7.06 P/E if the $0.77 EPS is correct.

Interpublic Group of Companies Inc (NYSE:IPG) traded up $0.28 during midday trading on Friday, reaching $21.74. Therefore 73% are positive. Interpublic Group of Companies had 45 analyst reports since September 7, 2015 according to SRatingsIntel. (NYSE:IPG) rating on Monday, August 28. (NYSE:IPG) opened at 23.27 on Friday. The company was maintained on Thursday, July 13 by BMO Capital Markets. (The) in a report on Thursday, January 12th. (NYSE:IPG) on Thursday, April 13 with "Buy" rating. (NYSE:IPG) on Monday, October 17 with "Buy" rating.

Investors of record on Friday, December 1st were paid a $0.18 dividend. Its up 0.19, from 1 in 2017Q2. The institutional investor held 1.48 million shares of the natural gas distribution company at the end of 2017Q3, valued at $61.51 million, up from 1.19M at the end of the previous reported quarter. Cambridge Invest Rech Advisors, a Iowa-based fund reported 12,338 shares. Capstone Investment Advisors Netherlands B.V. boosted its stake in shares of Interpublic Group of Companies by 35.6% during the 2nd quarter. After a recent check, it is observed that the insiders for the firm now own 0.67% shares. Advisory Research holds 492,963 shares or 0.19% of its portfolio. Security has 264 shares. (NYSE:P). Levin Strategies Lp holds 0.01% or 99,100 shares. Finally, Royal Bank Of Canada increased their price objective on shares of Interpublic Group of Companies, Inc. Telsey Advisory Group maintained The Interpublic Group of Companies, Inc. (NYSE:IPG). Lazard Asset Management Ltd Co accumulated 1,561 shares. Beta for The Interpublic Group of Companies, Inc. stands at 1.43 while its ATR (average true range) is 0.51. (NYSE:IPG) for 113,400 shares.

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