The Interpublic Group of Companies, Inc. (IPG) Reaches $25.33 52-Week High; 7 Analysts Are Bullish 3M Company (MMM) Last Week

February 18, 2018 - By Nellie Frank

The stock of The Interpublic Group of Companies, Inc. (NYSE:IPG) hit a new 52-week high and has $27.36 target or 8.00% above today’s $25.33 share price. The 8 months bullish chart indicates low risk for the $9.84 billion company. The 1-year high was reported on Feb, 18 by Barchart.com. If the $27.36 price target is reached, the company will be worth $787.44M more. The stock increased 1.08% or $0.27 during the last trading session, reaching $25.33. About 11.78M shares traded or 112.76% up from the average. The Interpublic Group of Companies, Inc. (NYSE:IPG) has risen 3.01% since February 18, 2017 and is uptrending. It has underperformed by 13.69% the S&P500.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 79 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, January 21 by Citigroup. On Wednesday, March 30 the stock rating was maintained by Bernstein with “Market Perform”. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, October 25. The firm has “Underperform” rating given on Wednesday, December 16 by RBC Capital Markets. The firm has “Buy” rating by Jefferies given on Tuesday, September 26. As per Tuesday, April 12, the company rating was maintained by Jefferies. The stock of 3M Company (NYSE:MMM) earned “Hold” rating by RBC Capital Markets on Wednesday, January 3. Bank of America maintained 3M Company (NYSE:MMM) on Tuesday, June 6 with “Buy” rating. Stifel Nicolaus maintained 3M Company (NYSE:MMM) on Wednesday, April 26 with “Hold” rating. Credit Suisse maintained 3M Company (NYSE:MMM) on Wednesday, October 11 with “Buy” rating. See 3M Company (NYSE:MMM) latest ratings:

15/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $251.0 Maintain
15/02/2018 Broker: Barclays Capital Rating: Underweight New Target: $235 Initiates Coverage On
13/02/2018 Broker: Deutsche Bank Rating: Buy New Target: $275.0 Upgrade
26/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $262.0 Maintain
25/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $254.0 Maintain
24/01/2018 Broker: Hilliard Lyons Old Rating: Neutral New Rating: Buy Upgrade
23/01/2018 Broker: UBS Rating: Neutral Initiates Coverage On
18/01/2018 Broker: J.P. Morgan Rating: Sell New Target: $221.0 Maintain
10/01/2018 Broker: Deutsche Bank Rating: Hold New Target: $240.0
03/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $240.0 Maintain

Among 17 analysts covering Interpublic Group of Companies (NYSE:IPG), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. Interpublic Group of Companies had 51 analyst reports since September 7, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Wednesday, July 26 by RBC Capital Markets. Macquarie Research downgraded The Interpublic Group of Companies, Inc. (NYSE:IPG) on Tuesday, June 6 to “Neutral” rating. The stock of The Interpublic Group of Companies, Inc. (NYSE:IPG) has “Buy” rating given on Thursday, July 13 by BMO Capital Markets. The rating was maintained by Morgan Stanley on Wednesday, January 31 with “Equal-Weight”. The stock of The Interpublic Group of Companies, Inc. (NYSE:IPG) earned “Buy” rating by Jefferies on Monday, August 28. The firm has “Buy” rating by Jefferies given on Monday, June 26. The stock of The Interpublic Group of Companies, Inc. (NYSE:IPG) earned “Buy” rating by Wells Fargo on Thursday, April 13. Atlantic Securities downgraded The Interpublic Group of Companies, Inc. (NYSE:IPG) on Thursday, July 27 to “Underweight” rating. The company was maintained on Tuesday, July 25 by Pivotal Research. The firm has “Underperform” rating given on Tuesday, January 2 by Macquarie Research.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.19, from 1 in 2017Q2. It improved, as 58 investors sold The Interpublic Group of Companies, Inc. shares while 129 reduced holdings. 64 funds opened positions while 159 raised stakes. 382.86 million shares or 1.99% more from 375.40 million shares in 2017Q2 were reported. Tarbox Family Office stated it has 555 shares. 11,693 are owned by Charter Co. Robeco Institutional Asset Bv accumulated 12,582 shares. Tompkins Fin Corporation, a New York-based fund reported 915 shares. 21,995 were reported by Hermes Invest Management Limited. Guggenheim Capital Ltd Liability has 0.09% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG). Freestone Ltd Liability Company stated it has 1.41% in The Interpublic Group of Companies, Inc. (NYSE:IPG). Carlson Capital L P stated it has 1.09 million shares. 436,827 were accumulated by Grimes Com Inc. Kentucky Retirement Sys Insur Trust Fund invested 0.04% of its portfolio in The Interpublic Group of Companies, Inc. (NYSE:IPG). Bb&T Secs Ltd Liability reported 0.01% in The Interpublic Group of Companies, Inc. (NYSE:IPG). Meiji Yasuda Life Insur accumulated 18,500 shares or 0.06% of the stock. Mu Invests Limited invested 0.02% in The Interpublic Group of Companies, Inc. (NYSE:IPG). Cantab Prtn Limited Liability Partnership has 0.16% invested in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 54,446 shares. Stanley holds 29,326 shares or 0.16% of its portfolio.

The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. The company has market cap of $9.84 billion. The firm operates through two divisions, Integrated Agency Networks and Constituency Management Group. It has a 17.35 P/E ratio. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.

The stock increased 0.77% or $1.8 during the last trading session, reaching $236.67. About 2.22 million shares traded. 3M Company (NYSE:MMM) has risen 18.59% since February 18, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Since August 17, 2017, it had 0 insider purchases, and 20 insider sales for $33.77 million activity. On Friday, October 27 the insider Little Frank R Jr. sold $351,708. Another trade for 4,004 shares valued at $936,291 was sold by Gangestad Nicholas C. Shares for $700,790 were sold by Bauman James L on Friday, February 2. Another trade for 6,799 shares valued at $1.68M was made by Shin Hak Cheol on Thursday, February 1. Another trade for 35,236 shares valued at $8.85M was sold by THULIN INGE G. $56,178 worth of stock was sold by Vrohidis Ippocratis on Thursday, February 1. Keel Paul A sold 13,480 shares worth $3.33 million.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It dived, as 59 investors sold 3M Company shares while 612 reduced holdings. 101 funds opened positions while 417 raised stakes. 387.06 million shares or 0.01% more from 387.02 million shares in 2017Q2 were reported. Mngmt Va accumulated 3,956 shares or 0.24% of the stock. Grimes Com holds 0.24% of its portfolio in 3M Company (NYSE:MMM) for 10,745 shares. Catawba Capital Mgmt Va holds 1.08% or 22,744 shares in its portfolio. Pictet North America Advsrs reported 2,289 shares. Hollencrest Secs Limited Liability has invested 0.04% of its portfolio in 3M Company (NYSE:MMM). Park Avenue Ltd Llc has 0.09% invested in 3M Company (NYSE:MMM). Goldman Sachs Group Inc accumulated 2.91 million shares. Marathon Asset Llp holds 1.18% or 342,099 shares. Wells Fargo And Mn holds 0.49% in 3M Company (NYSE:MMM) or 7.52 million shares. Hamilton Point Advsrs Ltd Liability has 1.28% invested in 3M Company (NYSE:MMM). Moreover, Guyasuta Invest Advisors Incorporated has 0.13% invested in 3M Company (NYSE:MMM) for 5,281 shares. 2,679 are held by Blume Capital. Northern Trust reported 8.57M shares. Accredited Investors invested in 7,328 shares or 0.42% of the stock. Davenport And Limited Company, Virginia-based fund reported 275,155 shares.

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