Shares of Interpublic Group of Companies Inc. (The) (NYSE:IPG) traded at a new 52-week high today of $39.35. So far today approximately 998,000 shares have been exchanged, as compared to an average 30-day volume of 3.3 million shares.
Interpublic Group is the world’s fourth-largest ad holding company, based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 75% of its revenue from developed regions such as the United States and Europe.
Interpublic Group of Companies Inc. (The) share prices have moved between a 52-week high of $39.35 and a 52-week low of $15.92 and are now trading 146% above that low price at $39.09 per share.
Interpublic Group of Companies Inc. (The) (NYSE:IPG) defies analysts with a current price ($39.09) 55.7% above its average consensus price target of $17.34.
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