Skip to main content

Publicis Group (OTCMKTS: PUBGYGet a rating) has been updated by Zacks Investment Research from a “sell” to a “hold” rating in a research note released Tuesday to investors, Zacks.com reports.

According to Zacks, “Publicis Groupe SA is a global advertising and communications organization, providing a range of business services in 100 countries, with particular strength in France, Germany, the UK, Spain, Italy and North America. “

Several other research companies also weighed in on PUBGY. Barclays downgraded shares of Publicis Groupe from an “overweight” rating to an “equal weight” rating in a Monday, March 14 research note. Morgan Stanley downgraded shares of Publicis Groupe from an “equal weight” rating to an “underweight” rating in a Monday, May 23 research note. Societe Generale raised its price target on Publicis Groupe shares from €77.00 ($82.80) to €78.00 ($83.87) in a Wednesday, April 20 research note. AlphaValue upgraded shares of Publicis Groupe to a “reduced” rating in a Monday, February 21 research note. Finally, JPMorgan Chase & Co. cut its price target on Publicis Groupe shares from €65.00 ($69.89) to €63.00 ($67.74) in a Friday, March 18 research note . Two research analysts gave the stock a sell rating, four issued a hold rating and four issued the company a buy rating. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.88.

Action Publicis Groupe opened at $13.89 on Tuesday. The company’s 50-day simple moving average is $14.90 and its 200-day simple moving average is $16.05. Publicis Groupe has a fifty-two week minimum of $13.17 and a fifty-two week maximum of $19.25. The company has a debt ratio of 0.40, a current ratio of 0.94 and a quick ratio of 0.92.

About Publicis Groupe (Get a rating)

Publicis Groupe SA provides communications, value chain, consulting, execution, marketing and digital business transformation services in North America, Europe, Asia-Pacific, Latin America, Africa and South America. Middle East. The Company operates as advertising agencies that provide display, television, radio and print advertising services, as well as advertising solutions through digital channels under the brands Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon and BBH; and provides crisis communications, media relations, public affairs, financial communications, strategy and event management, and digital marketing services.

Further reading

Get a Free Copy of Zacks Research Report on Publicis Groupe (PUBGY)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Analyst recommendations for Publicis Groupe (OTCMKTS:PUBGY)



Receive news and notices from Publicis Groupe Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst notes for Publicis Groupe and related companies with MarketBeat.com’s free daily email newsletter.