Barclays analyst Julien Roch maintained a Hold rating on Omnicom Group (OMC – Research Report) today and set a price target of $100.00. The company’s shares closed yesterday at $86.32.
According to TipRanks, Roch is a 4-star analyst with an average return of 3.0% and a 50.53% success rate. Roch covers the Communication Services sector, focusing on stocks such as Universal Music Group, Omnicom Group, and Interpublic Group of Companies.
Omnicom Group has an analyst consensus of Moderate Buy, with a price target consensus of $98.50, implying a 14.11% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $91.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $97.52 and a one-year low of $71.61. Currently, Omnicom Group has an average volume of 1.34M.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OMC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Omnicom Group (OMC) Company Description:
Omnicom Group, Inc. is a holding company, which engages in the management and provision of advertising agencies. It offers marketing and corporate communications services. The company was founded by Maxwell Dane in 1944 and is headquartered in New York, NY.
Read More on OMC:
