AllAnalyst Report
logoArgusFebruary 28, 2023

The Interpublic Group of Companies, Inc.: Raising target to $40

Symbols
IPG
Sector(s)
Communication Services
Rating
Current Price
$30.27
Price Target
Earnings Estimate
Summary

Interpublic Group of Companies Inc., based in New York, is a holding company comprised of numerous advertising agencies and marketing services companies. Its major agency brands include McCann Worldgroup, FCB, and MullenLowe. IPG agencies provide traditional advertising and media services, as well as marketing services, such as communications, market intelligence, events, public relations, and sports marketing. IPG shares are included in the S&P 500 index. The company has about 5,000 clients and about 58,500 employees.

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Analyst Profile

Kristina Ruggeri

Analyst: Generalist
Kristina began working with Argus Research in 2019. She is responsible for covering selected Consumer Discretionary and Consumer Staples Stocks and has nearly 20 years of experience in the financial services industry. Kristina began her career at Price Waterhouse where she audited asset managers, broker dealers, and banks. Later she joined J.P. Morgan as a financial analyst. In 1994, Kristina joined Bankers Trust Company where she managed the daily operations of several equity derivative funds and later implemented tools to mitigate risk and improve workflow processes. Prior to working with Argus, Kristina was a Senior Director at S&P Global where she led key competitive intelligence and market research initiatives and executed programs to better understand client needs. Kristina earned a BS in Accounting and a minor in Spanish from Bucknell University. She holds an MBA in Finance from New York University’s Stern School of Business and is a Certified Public Accountant. Kristina is also a certified teacher in the State of New Jersey and devotes time to working with elementary and middle school-aged students.