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Analysts Have Conflicting Sentiments on These Communication Services Companies: Omnicom Group (OMC) and Meta Platforms (META)

Tipranks - Tue May 5, 8:12AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Omnicom Group (OMC) and Meta Platforms (META).

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Omnicom Group (OMC)

In a report issued on April 30, Christine Dooley from Argus Research maintained a Hold rating on Omnicom Group. The company’s shares closed last Friday at $76.92.

According to TipRanks.com, Dooley is a 4-star analyst with an average return of 9.4% and a 75.9% success rate. Dooley covers the NA sector, focusing on stocks such as Brinker International, Cheesecake Factory, and CAVA Group, Inc. ;'>

Currently, the analyst consensus on Omnicom Group is a Moderate Buy with an average price target of $97.00, which is a 25.6% upside from current levels. In a report issued on April 29, TipRanks – PerPlexity also downgraded the stock to Hold with a $82.00 price target.

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Meta Platforms (META)

Jefferies analyst Brent Thill maintained a Buy rating on Meta Platforms today and set a price target of $825.00. The company’s shares closed last Friday at $608.75.

According to TipRanks.com, Thill is a 4-star analyst with an average return of 2.5% and a 50.6% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Procore Technologies. ;'>

Currently, the analyst consensus on Meta Platforms is a Strong Buy with an average price target of $823.92, which is a 34.0% upside from current levels. In a report issued on April 21, UBS also maintained a Buy rating on the stock with a $908.00 price target.

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