Wells Fargo (NYSE:WFC) analyst Wells Fargo maintained a Hold rating on Omnicom Group (NYSE:OMC) on Wednesday, setting a price target of $55, which is approximately 19.33% above the present share price of $46.09.
expects Omnicom Group to post earnings per share (EPS) of -$0.11 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Omnicom Group, with an average price target of $56.67.
The analysts price targets range from a high of $65 to a low of $50.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.8 billion and a net profit of $62.5 million. The company's market cap is $11.33 billion.
According to TipRanks.com, Wells Fargo analyst Wells Fargo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.4% and a 61.29% success rate.
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.