Analysts Swing to Diverse Views for The Interpublic Group of Companies, Inc. (IPG), LG Display Co., Ltd. (LPL)

Shares of The Interpublic Group of Companies, Inc. (NYSE:IPG) opened at $19.55, and ended 3.44% higher at $20.17. Nearly 9.39 million shares were traded by the close, higher than its average daily volume of 6.16 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 6.1% of shares outstanding. The stock sank -5.13% last month and is down -13.84 this year. Wall Street is only getting more bullish on the stock, with 12 of analysts who cover IPG having a buy-equivalent rating. Analysts have placed a $24.8 price target on The Interpublic Group of Companies, Inc., suggesting a 22.95% gain from recent close. It’s currently trading about -21.55% below its 52-week high.

The Interpublic Group of Companies, Inc. Earnings Surprise

The Interpublic Group of Companies, Inc. (IPG) failed to surprise the stock market in its last reported earnings when it earned $0.31 a piece versus the consensus-estimated $0.33. Its revenue totaled $1.96 billion up 3.8% from the previous quarter.

The Interpublic Group of Companies, Inc. (NYSE:IPG) Intraday View

This stock (IPG) is ahead of its 52-week low with 6.1%. Its last month’s stock price volatility remained 3.12% which for the week stands at 2.41%. The share price has moved backward from its 20 days moving average, trading at a distance of -2.94% and stays -1.91% away from its 50 days moving average. Over the last five days, shares have faced -3.03% losses and now is down -12.89% since hitting its 200-day moving average of $22.75. The Interpublic Group of Companies, Inc. (IPG) has made its way to a 12-month decline of -9.83%.

Turning to LG Display Co., Ltd. (NYSE:LPL), its shares were trading at $12.56 a retreat of $-0.61, on the trading floor. The stock, after opening at $12.94, touched a high of $13 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. LG Display Co., Ltd. has 1 buy ratings, 1 holds and 0 sells even after the stock tumbled -26.31% from its high of $ 17.045 to a $8.7 billion market value through last close.

LG Display Co., Ltd. (LPL) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.5 to 2 during a month. Analysts set a 12-month price target of $17.66 a share. The target implies a 40.61% spike from where the shares are currently trading. Also, the current price highlights a discount of 103.82% to analysts’ high consensus price target.

LG Display Co., Ltd. (NYSE:LPL) Intraday Trading

The counter witnessed a trading volume of 1.07 million shares versus an average volume of 0.74 million shares during last trading session. Its last month’s stock price volatility remained 2.45% which for the week approaches 1.6%. The lowest price the stock reached in the last trading day was $12.5 and compares with the $11.26 52-week low. The stock recovered 11.55% since its low point and has performed -2.26% year-to-date.

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