Publicis Groupe SA (OTCMKTS:PUBGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.
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. “
A number of other equities research analysts also recently issued reports on PUBGY. BNP Paribas upgraded shares of Publicis Groupe SA from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 6th. Pivotal Research reiterated a “hold” rating on shares of Publicis Groupe SA in a research report on Thursday, July 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Publicis Groupe SA currently has a consensus rating of “Hold” and an average price target of $21.00.
Publicis Groupe SA (OTCMKTS:PUBGY) opened at 18.87 on Thursday. The firm has a 50-day moving average of $18.82 and a 200-day moving average of $17.97. The firm has a market cap of $16.77 billion, a price-to-earnings ratio of 16.38 and a beta of 1.33. Publicis Groupe SA has a one year low of $13.58 and a one year 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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