Stagwell Appoints Ben Berentson as CEO of Owned Media
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Should l Buy STGW?
Stagwell announced the appointment of Ben Berentson as CEO, Owned Media, effective immediately. Berentson will drive the operations, growth, and expansion of Stagwell's owned media portfolio including Ink, ReachTV, RealClearPolitics, and future initiatives, advancing the portfolio as a strategic business engine for the global network. Most recently, Ben served as Managing Director at Stagwell's Code and Theory.
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Analyst Views on STGW
Wall Street analysts forecast STGW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STGW is 8.65 USD with a low forecast of 7.25 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 4.840
Low
7.25
Averages
8.65
High
10.00
Current: 4.840
Low
7.25
Averages
8.65
High
10.00
About STGW
Stagwell Inc. is a digital-first marketing company. Its segments include Marketing Services, Digital Transformation, Media & Commerce, Communications, and The Marketing Cloud. The Company has a platform called NewVoices.ai, an Artificial Intelligence (AI) platform designed to redefine how organizations manage sales, customer engagement, and retention at scale. Marketing Services segment delivers a broad range of services across solutions designed to build and elevate brands. Digital Transformation segment designs, implements and activates modern digital ecosystems. Media & Commerce segment delivers integrated AI-based data solutions that drive audience engagement and business growth through media buying, commerce enablement, and Customer Relationship Management (CRM) strategies. Communications segment provides solutions designed to help organizations build, protect, and enhance its reputation. The Marketing Cloud segment delivers a comprehensive suite of technology solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Stock Performance Insight: The information provided highlights the current performance and volatility of STGW's stock within the broader market context.
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Market Analysis: The article mentions a comparison with other stocks that have recently fallen below their 200-day moving average.
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Stock Performance Insight: The information provided highlights the current performance and volatility of STGW's stock within the broader market context.
See More
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