Omnicom Group Inc. (NYSE:OMC) traded at a new 52-week high today of $80.81. Approximately 633,000 shares have changed hands today, as compared to an average 30-day volume of 2 million shares.
In the past 52 weeks, shares of Omnicom Group Inc. have traded between a low of $44.50 and a high of $80.81 and is now at $80.14, which is 80% above that low price.
Based on a current price of $80.14, Omnicom Group Inc. is currently 1.3% above its average consensus analyst price target of $79.10.
Omnicom is the world’s second-largest ad holding company, based on annual revenue. The American firm’s services, which include traditional and digital advertising and public relations, are provided worldwide, with over 85% of its revenue coming from more developed regions such as North America and Europe.
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