Publicis Groupe (OTCMKTS:PUBGY) Hits New 1-Year High – What’s Next?

Publicis Groupe SA (OTCMKTS:PUBGY) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $27.37 and last traded at $27.37, with a volume of 12653 shares changing hands. The stock had previously closed at $27.08.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. The Goldman Sachs Group raised shares of Publicis Groupe to a “strong-buy” rating in a research report on Wednesday, June 3rd. Berenberg Bank upgraded shares of Publicis Groupe to a “strong-buy” rating in a research report on Tuesday, June 9th. Four investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Up 1.4%

The business has a fifty day moving average of $25.37 and a 200-day moving average of $23.63. 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

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.