Publicis Groupe (OTCMKTS:PUBGY) Reaches New 12-Month High – Time to Buy?

Publicis Groupe SA (OTCMKTS:PUBGYGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $29.01 and last traded at $28.77, with a volume of 7410 shares. The stock had previously closed at $28.48.

Analyst Ratings Changes

A number of research firms have recently issued reports on PUBGY. Berenberg Bank upgraded shares of Publicis Groupe to a “strong-buy” rating in a research note on Tuesday, June 9th. The Goldman Sachs Group raised Publicis Groupe to a “strong-buy” rating in a report on Wednesday, June 3rd. Four research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Strong Buy”.

Check Out Our Latest Stock Report on PUBGY

Publicis Groupe Stock Up 1.0%

The stock’s 50 day simple moving average is $25.97 and its two-hundred day simple moving average is $23.83. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.97 and a quick ratio of 0.94.

About Publicis Groupe

(Get Free Report)

Publicis Groupe (OTCMKTS:PUBGY) is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world’s largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.

In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.

Further Reading

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