The Interpublic Group of Companies (IPG) has been garnering substantial interest as various stakeholders buy, reduce, or sell holdings in the company.
KBC Group NV has a $2.89 million stake and
Arkadios Wealth Advisors owns investments worth $3.63 million. However, institutions like
SG Americas Securities LLC and the
City Holding Co. are decreasing their hold. The company has also attracted buy ratings from
JPMorgan and
Barclays. Significant moves were seen in
Omnicom's acquisition of IPG for $13.25 billion, creating a global advertising giant. IPG's absorption of commerce marketing entity
Intelligence Node has further strengthened its pooling. Yet it wasn't all rosy, IPG Mediabrands laid off 103 staffers. Despite some skeptical outlooks, IPG has delivered a robust financial performance, earning an 'overweight' upgrade by JPMorgan and attracting new investors like
Empirical Asset Management LLC and
Pacer Advisors Inc. The stock’s average rating from analysts is a 'hold'.
The Interpublic Group of Companies IPG News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 09:22:24 GMT -
Rating 2
- Innovation 7
- Information 4
- Rumor -1
