JP Morgan reiterated coverage on Omnicom with a new price target
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JP Morgan reiterated coverage of Omnicom with a rating of Overweight and set a new price target of $104.00 from $106.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2024 | $118.00 → $119.00 | Overweight | JP Morgan |
| 10/16/2024 | $106.00 → $110.00 | Overweight → Equal Weight | Wells Fargo |
| 5/7/2024 | $100.00 → $110.00 | Equal Weight → Overweight | Barclays |
| 4/17/2024 | $91.00 → $106.00 | Equal Weight → Overweight | Wells Fargo |
| 4/2/2024 | $100.00 → $110.00 | Outperform | Macquarie |
| 3/28/2024 | $115.00 | Neutral → Outperform | Exane BNP Paribas |
| 2/7/2024 | $85.00 → $91.00 | Equal Weight | Wells Fargo |
| 2/7/2024 | $106.00 → $104.00 | Overweight | JP Morgan |
Revenue of $3.9 billion, with organic growth of 6.5% Net income of $385.9 million Diluted earnings per share of $1.95; $2.03 Non-GAAP adjusted Operating income of $600.1 million; EBITA of $622.3 million and 16.0% margin NEW YORK, Oct. 15, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced results for the quarter ended September 30, 2024. "Omnicom delivered a strong quarter, with 6.5% organic revenue growth, and 7.9% EBITA growth. We did so while continuing to strengthen our organization by investing in talent, service capabilities, and technology platforms to enhance our client offerings," said John Wren, Chairman and Chief Executive Officer of Omnicom. "Our cash flow improved, and we
NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) will publish its third quarter 2024 results on Tuesday, October 15, 2024 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, October 15, 2024, starting at 4:30 p.m. Eastern Time. A live webcast of the call will be available at Omnicom's investor relations website, investor.omnicomgroup.com, along with the related earnings press release and slide presentation. A webcast replay will be made available after the call concludes. About O
NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced its precision marketing division, Omnicom Precision Marketing Group (OPMG), acquired LeapPoint, a digital advisory firm focused on helping organizations improve the orchestration and performance of their entire marketing lifecycle. The move is part of OPMG's strategic efforts to offer the industry's most comprehensive end-to-end content solution, empowering marketers to accelerate workflows and deliver personalized experiences to their customers at speed and scale. Led by Co-Founder and CEO Nik DeBenedetto, LeapPoint helps Fortune 1000 enterprises optimize the performance of their marketing organizations by strat
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JP Morgan reiterated coverage of Omnicom with a rating of Overweight and set a new price target of $119.00 from $118.00 previously
Wells Fargo downgraded Omnicom from Overweight to Equal Weight and set a new price target of $110.00 from $106.00 previously
Barclays upgraded Omnicom from Equal Weight to Overweight and set a new price target of $110.00 from $100.00 previously
ST. LOUIS, Nov. 6, 2024 /PRNewswire/ -- FleishmanHillard today announced the appointment of Della Sweetman to the role of president, Americas and chief strategy officer, effective immediately. In this position Sweetman will be responsible for the performance of the agency's largest region and for driving enterprise-wide business transformation. She will report to J.J. Carter, who was promoted to FleishmanHillard president and chief executive officer on October 1. "Della is the right person to step into this critical role leading our largest region, from which she will help dri
Leadership Transition Will Take Effect on Oct. 1, 2024 NEW YORK, Aug. 20, 2024 /PRNewswire/ -- FleishmanHillard Inc., an Omnicom PR Group (OPRG) agency, today announced that its current Global Chief Operating Officer and President, Americas J.J. Carter will become President and Chief Executive Officer, effective Oct. 1, 2024. He succeeds John Saunders, who will take on the role of Chairman of FleishmanHillard. Carter, 49, was named the agency's global chief operating officer and Americas president in 2016. Saunders, 66, was named president and CEO in 2015 after leading Fleishm
Stafford will Focus on Key Catalysts for Growth in APAC and EMEA NEW YORK, Aug. 14, 2024 /PRNewswire/ -- Omnicom PR Group (OPRG) today announced the appointment of communications industry veteran, Matt Stafford, to the position of OPRG President, International, effective November 18, 2024. Stafford will be based in Hong Kong and report to OPRG Chief Executive Officer Chris Foster. Stafford will initially be based in Hong Kong and will transition to the UK in 2025. In this OPRG Corporate Role, he will partner with agency leadership in the region, including Joanne Wong who joined OPRG's largest agency Fleishman Hillard as APAC President earlier this year. Foster said, "I've wanted an even
ST. LOUIS, Nov. 21, 2024 /PRNewswire/ -- FleishmanHillard today announced several key roles as a part of its global leadership team under recently appointed President and CEO J.J. Carter. These individuals will be responsible for defining critical growth areas and operational priorities as the firm continues its evolution. "As we accelerate the modernization of our firm, these appointments are vital to our future," said Carter. "By fortifying our operations with proven agency leaders and elevating new voices, we will fuel our growth and the transformation of our work. This fi
Partnership will Expand Public Affairs and Strategic Communications Capabilities in the Midwest and Nationally CHICAGO, Nov. 21, 2024 /PRNewswire/ -- Leading national bipartisan public strategy firm Mercury Public Affairs (Mercury), today announced that Chicago-based Serafin & Associates (Serafin) is merging into Mercury's Illinois business, which will expand the firm's public affairs and strategic communications capabilities in the Midwest and nationwide. Founded by former reporter and political strategist Thom Serafin, Serafin & Associates has been a prominent leader in public affairs communications for nearly four decades, serving political, public sector, nonprofit and corporate clie
Report: "Ten Years of Innovation Come Together in Its Comprehensive Omni Platform…" NEW YORK, Nov. 13, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom (NYSE:OMC), has been named a "Leader" among global media management services providers in a new analysis from leading research and advisory firm Forrester. Published today, The Forrester Wave™: Media Management Services, Q4 2024 evaluated twelve significant global media management service providers against 22 criteria specific to current offering and strategy. Designed to help CMO professio
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. Omnicom Group Inc. (NYSE:OMC) Dividend Yield: 3.05% JP Morgan analyst David
UBS analyst Adam Berlin maintains Omnicom Group (NYSE:OMC) with a Buy and raises the price target from $117 to $120.
Macquarie analyst Tim Nollen maintains Omnicom Group (NYSE:OMC) with a Outperform and maintains $110 price target.