Barclays Gives a Hold Rating to Omnicom Group

By Ryan Adsit

Barclays analyst Julien Roch maintained a Hold rating on Omnicom Group (NYSE: OMC) yesterday and set a price target of $86. The company’s shares closed yesterday at $83.55.

Roch has an average return of 9.7% when recommending Omnicom Group.

According to TipRanks.com, Roch is ranked #2065 out of 4557 analysts.

Currently, the analyst consensus on Omnicom Group is Hold and the average price target is $85.50, representing a 2.3% upside.

In a report issued on April 12, Wells Fargo also reiterated a Hold rating on the stock.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2017, Dennis Hewitt, the Treasurer of OMC sold 1,400 shares for a total of $119,197.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Omnicom Group, Inc. is a holding company, which engages in the management and provision of advertising agencies. It operates through the following geographical segments: Americas; Europe, Middle East, and Africa; and Asia Pacific. It offers marketing and corporate communications services. The company was founded in 1986 and is headquartered in New York, NY.