Shares of The Interpublic Group of Companies, Inc. (NYSE:IPG) opened at $24.75, and ended 0.28% higher at $24.82. Nearly 2.06 million shares were traded by the close, lower than its average daily volume of 4 million shares.The Interpublic Group of Companies, Inc. (IPG) Analyst Opinion
The Interpublic Group of Companies, Inc. has a consensus outperform rating from 17 Wall Street analysts, and the number of shares currently sold short amount to at least 4.86% of shares outstanding. The stock spiked 4.46% last month and is up 6.02 this year. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover IPG having a buy-equivalent rating. Analysts have placed a $27.13 price target on The Interpublic Group of Companies, Inc., suggesting a 9.31% gain from recent close. It’s currently trading about -2.17% below its 52-week high.The Interpublic Group of Companies, Inc. Earnings Surprise
The Interpublic Group of Companies, Inc. (IPG) surprised the stock market in its last reported earnings when it earned $0.05 a piece versus the consensus-estimated $0.03. Its revenue totaled $1.76 billion down -22.18% from the previous quarter.
This stock (IPG) is ahead of its 52-week low with 14.56%. Its last month’s stock price volatility remained 1.53% which for the week stands at 1.51%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.01% and stays 1.59% away from its 50 days moving average. Over the last five days, shares have managed 0.89% gains and now is up 4.26% since hitting its 200-day moving average of $24.17. The Interpublic Group of Companies, Inc. (IPG) has made its way to a 12-month gain of 4.59%.
Turning to SeaDrill Limited (NYSE:SDRL), its shares were trading at $0.34 a retreat of $0, on the trading floor. The stock, after opening at $0.35, touched a high of $0.36 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3.6. SeaDrill Limited has 0 buy ratings, 0 holds and 1 sells even after the stock tumbled -92.59% from its high of $4.59 to a $182.27 million market value through last close.SeaDrill Limited (SDRL) Consensus Price Target
The company’s consensus rating on Reuter’s scale improved from 3.56 to 3.62 during a month. Analysts set a 12-month price target of $2.25 a share. The target implies a 561.76% spike from where the shares are currently trading. Also, the current price highlights a discount of 250% to analysts’ high consensus price target.SeaDrill Limited (NYSE:SDRL) Intraday Trading
The counter witnessed a trading volume of 5.22 million shares versus an average volume of 8.11 million shares during last trading session. Its last month’s stock price volatility remained 6.65% which for the week approaches 8.44%. The lowest price the stock reached in the last trading day was $0.34 and compares with the $0.33 52-week low. The stock recovered 2.41% since its low point and has performed -90.03% year-to-date.