Stagwell Appoints Jeremy Lucas as CEO of Allison Europe to Enhance Market Presence
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 57 minutes ago
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Source: Newsfilter
- Leadership Enhancement: Stagwell has appointed Jeremy Lucas as CEO of Allison Europe, leveraging his 20 years of industry experience to integrate and expand the agency's market presence and enhance client support capabilities.
- Business Expansion: Lucas will focus on enhancing services in reputation management, stakeholder engagement, crisis management, influencer marketing, and analytics, which is expected to drive greater market share for Allison in a competitive landscape.
- Strategic Collaboration: Lucas's addition is seen as a strong enhancement to Allison's executive team, reflecting the company's commitment to client success and anticipated to improve overall team performance and client satisfaction.
- Industry Impact: With a background of working with renowned clients like Meta, FedEx, and Coca-Cola, Lucas will bring extensive consulting experience to Allison, aiding the company in building effective communication solutions in complex reputational environments.
STGW.O$0.0000%Past 6 months

No Data
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 8.54 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.
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 8.54 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.
Current: 5.620

Current: 5.620

Seaport Research
David Joyce
initiated
$10
Reason
Seaport Research
David Joyce
Seaport Research analyst David Joyce initiated coverage of Stagwell with a Buy rating and $10 price target. The firm thinks revenue can grow 10%-11% annually through 2030 and adjusted EBITDA at a 13% compound annual growth rate, the analyst tells investors. Financials have some cyclical exposure to political ad spending seasons, but the company's growth with marketing and digital transformation clients is "feeding a virtuous cycle of more new business wins," given it increasing scale, the analyst added.
B. Riley lowered the firm's price target on Stagwell to $9 from $10 and keeps a Buy rating on the shares. Stagwell should report "respectable" Q3 results, driven by seasonal acceleration patterns, successful AI implementation, and robust new business momentum, the analyst tells investors in a research note. The price target reduction reflects ongoing headwinds and an anticipated slower pace of acquisitions.
Overweight
downgrade
$9 -> $8
Reason
Wells Fargo lowered the firm's price target on Stagwell to $8 from $9 and keeps an Overweight rating on the shares. The firm thinks the company's Q1 results were better than the initial reaction, with solid underlying trends ex a media account. Execution is key, but Wells does believe in an acceleration from here for a rerating.
About STGW
Stagwell Inc. is a digital-first marketing company. Its segments include Integrated Agencies Network, Brand Performance Network (BPN) and the Communications Network. The Integrated Agencies Network segment offers an array of complementary services spanning its core capabilities of Digital Transformation, Performance Media & Data, Consumer Insights & Strategy, Stagwell Marketing Cloud Group and Creativity & Communications. The BPN segment includes a unified media and data management structure with omnichannel media placement, creative media consulting, influencer and business-to-business marketing capabilities. BPN’s brands provide media solutions, such as audience analysis, media planning, and buying. The Communications Network segment provides advocacy, strategic corporate communications, investor relations, public relations, online fundraising and other services to both corporations and political and advocacy organizations and includes Allison, SKDK, Targeted Victory, and Consulum.
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.