Zacks Investment Research Upgrades Publicis Groupe SA (PUBGY) to Hold
Publicis Groupe SA (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 Tuesday.
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. “
Separately, Pivotal Research reissued a “hold” rating on shares of Publicis Groupe SA in a report on Thursday, July 21st. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Publicis Groupe SA has an average rating of “Hold” and a consensus target price of $21.00.
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Publicis Groupe SA (OTCMKTS:PUBGY) traded down 1.36% during midday trading on Tuesday, hitting $18.91. The stock had a trading volume of 10,536 shares. The firm has a 50-day moving average of $18.63 and a 200-day moving average of $17.67. The company has a market cap of $16.81 billion, a PE ratio of 16.44 and a beta of 1.33. Publicis Groupe SA has a 12-month low of $13.58 and a 12-month high of $19.36.
About Publicis Groupe SA
Publicis Groupe SA is a global communications company. The Company offers its local and international clients a range of analog and digital communication services. The Company operates in approximately 108 countries across five continents. The Company’s the digital activities are managed either within independent organizations, such as DigitasLBi, Razorfish Global, or by structures that are integrated into networks, such as Leo Burnett, Publicis Worldwide, Saatchi & Saatchi, ZenithOptimedia media agencies, Starcom MediaVest Group, as well as MSLGROUP, and Publicis Healthcare Communications Group.
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