Quick mid-week analysis for $IPG. We can add this stock into our swing trading portfolio.
Fundamental Analysis:
IPG announced earnings per share of $0.86 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $0.8031 on revenue of $2.28B.
As the revenue was in line the price of shares dropped by 10% on earnings day.
However; recently IPG had its target price raised by Morgan Stanley from $27.00 to $28.00 in a report released on Thursday, Benzinga reports.
Technical analysis:
As it is seen that $24 per share acted as Strong Support since January.
Overall analysis:
We can consider buy some shares here as it doesn't want to break down $25.
Company profile:
Interpublic Group of Companies, Inc is an advertising and marketing services company. Its services include consumer advertising, digital marketing, communications planning & media buying, public relations & specialized communications disciplines.
Fundamental Analysis:
IPG announced earnings per share of $0.86 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $0.8031 on revenue of $2.28B.
As the revenue was in line the price of shares dropped by 10% on earnings day.
However; recently IPG had its target price raised by Morgan Stanley from $27.00 to $28.00 in a report released on Thursday, Benzinga reports.
Technical analysis:
As it is seen that $24 per share acted as Strong Support since January.
Overall analysis:
We can consider buy some shares here as it doesn't want to break down $25.
Company profile:
Interpublic Group of Companies, Inc is an advertising and marketing services company. Its services include consumer advertising, digital marketing, communications planning & media buying, public relations & specialized communications disciplines.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.