Analysts predict Interpublic Group Of Cos., Inc (IPG) stock to reach $28.5 in the next 12 months

Interpublic Group Of Cos., Inc [IPG] stock is trading at $29.07, down -0.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IPG shares have lost -3.42% over the last week, with a monthly amount glided 5.63%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Interpublic Group Of Cos., Inc [NYSE: IPG] stock has seen the most recent analyst activity on December 10, 2024, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $34 from $26. Previously, Wells Fargo downgraded its rating to Underweight on October 23, 2024, and dropped its price target to $26. On October 01, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $33 on the stock. Exane BNP Paribas downgraded its rating to a Underperform. UBS downgraded its rating to a Sell and reduced its price target to $29 on September 12, 2024. Morgan Stanley downgraded its rating to Underweight for this stock on July 22, 2024, and downed its price target to $28. In a note dated January 11, 2024, UBS initiated an Neutral rating and provided a target price of $36 on this stock.

Interpublic Group Of Cos., Inc [IPG] stock has fluctuated between $26.88 and $35.17 over the past year. Currently, Wall Street analysts expect the stock to reach $28.5 within the next 12 months. Interpublic Group Of Cos., Inc [NYSE: IPG] shares were valued at $29.07 at the most recent close of the market. An investor can expect a potential drop of -1.96% based on the average IPG price forecast.

Analyzing the IPG fundamentals

Interpublic Group Of Cos., Inc [NYSE:IPG] reported sales of 10.86B for the trailing twelve months, which represents a drop of -1.86%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.21 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.75 points at the first support level, and at 28.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.68, and for the 2nd resistance point, it is at 30.30.

Ratios To Look Out For

For context, Interpublic Group Of Cos., Inc’s Current Ratio is 1.09. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 2.94 and price to earnings (TTM) ratio is 13.73.

Transactions by insiders

Recent insider trading involved CARROLL CHRISTOPHER F, SVP, Controller & CAO, that happened on Feb 27 ’24 when 18382.0 shares were sold. CFO, Johnson Ellen Tobi completed a deal on Feb 27 ’24 to sell 40393.0 shares. Meanwhile, CEO KRAKOWSKY PHILIPPE sold 0.15 million shares on Feb 27 ’24.

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