Wells Fargo analyst Steven Cahall maintained a Hold rating on Interpublic Group of Companies (IPG – Research Report) yesterday and set a price target of $30.00. The company’s shares closed yesterday at $26.78.

According to TipRanks, Cahall is a 4-star analyst with an average return of 5.2% and a 52.21% success rate. Cahall covers the Communication Services sector, focusing on stocks such as Omnicom Group, Interpublic Group of Companies, and Sirius XM Holdings.

Currently, the analyst consensus on Interpublic Group of Companies is a Strong Buy with an average price target of $35.75.

Based on Interpublic Group of Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.63 billion and a net profit of $20.1 million. In comparison, last year the company earned a revenue of $2.68 billion and had a net profit of $243.7 million