Macquarie Upgrades Publicis Groupe (OTCMKTS:PUBGY) to Outperform

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Publicis Groupe (OTCMKTS:PUBGY) was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating in a report issued on Monday, The Fly reports.

A number of other research firms have also recently weighed in on PUBGY. UBS Group restated a “buy” rating on shares of Publicis Groupe in a research note on Friday, April 16th. Zacks Investment Research upgraded Publicis Groupe from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Thursday, April 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Publicis Groupe in a research note on Monday, March 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of Publicis Groupe in a research report on Monday, April 5th. Finally, Oddo Bhf cut Publicis Groupe from an “outperform” rating to a “neutral” rating in a research report on Tuesday, February 9th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $17.00.

Shares of Publicis Groupe stock opened at $16.53 on Monday. Publicis Groupe has a 12-month low of $6.29 and a 12-month high of $16.60. The stock has a market cap of $15.67 billion, a P/E ratio of 11.72 and a beta of 1.05. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $15.66 and its 200-day moving average is $13.20.

Publicis Groupe Company Profile

Publicis Groupe SA provides marketing, communication, and digital transformation services in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East. The company operates as advertising agencies that offer billboard, television, radio, and press advertising services, as well as advertising solutions through digital channels under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; and provides crisis communications, media relations, public affairs, financial communications, and strategy and event management services, as well as digital marketing services.

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Analyst Recommendations for Publicis Groupe (OTCMKTS:PUBGY)

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