Watch for Continued Gains in Shares of Interpublic Group of Companies Inc. (The) (IPG)

August 5, 2021 11:03:49

Interpublic Group of Companies Inc. (The) (NYSE:IPG) traded today at a new 52-week high of $36.31. Approximately 791,000 shares have changed hands today, as compared to an average 30-day volume of 4.4 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) (NYSE:IPG) is currently priced 54.0% above its average consensus analyst price target of $16.63.

Interpublic Group of Companies Inc. (The) share prices have moved between a 52-week high of $36.31 and a 52-week low of $15.92 and are now trading 127% above that low price at $36.19 per share.

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