Publicis Groupe (OTCMKTS:PUBGY) Lifted to Hold at Zacks Investment Research

Publicis Groupe (OTCMKTS:PUBGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

According to Zacks, “Publicis Groupe S.A. is a global advertising and communications organization, offering a range of services to companies in 100 countries, with a particular strength in France, Germany, the United Kingdom, Spain, Italy and North America. “

Other research analysts have also recently issued reports about the company. UBS Group set a $15.97 price target on Publicis Groupe and gave the stock a “buy” rating in a report on Friday, July 23rd. Morgan Stanley reissued an “equal weight” rating on shares of Publicis Groupe in a report on Friday, July 9th. Berenberg Bank set a $15.97 price objective on Publicis Groupe and gave the stock a “buy” rating in a research note on Friday, July 23rd. Barclays set a $15.97 price objective on Publicis Groupe and gave the stock an “overweight” rating in a research note on Friday, July 23rd. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Publicis Groupe in a research note on Monday, July 26th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $16.38.

OTCMKTS PUBGY opened at $16.39 on Wednesday. The stock’s 50 day moving average is $16.20 and its 200 day moving average is $16.15. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.51. Publicis Groupe has a 12 month low of $7.51 and a 12 month high of $17.40. The stock has a market cap of $16.51 billion, a PE ratio of 12.91, a P/E/G ratio of 3.88 and a beta of 0.98.

Publicis Groupe Company Profile

Publicis Groupe SA engages in the advertising industry. Its services include customer relationship management, direct marketing, sales promotion, events management, public relations, and corporate, multicultural and financial communications. The company was founded by Marcel Bleustein-Blanchet in 1926 and is headquartered in Paris, France.

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