JC Decaux (OTCMKTS:JCDXF) Reaches New 1-Year High – Still a Buy?

JC Decaux SA (OTCMKTS:JCDXF) shares hit a new 52-week high during trading on Monday. The company traded as high as $27.51 and last traded at $27.51, with a volume of 235 shares trading hands. The stock had previously closed at $22.14.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on JCDXF shares. Citigroup restated a “neutral” rating on shares of JC Decaux in a report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft raised shares of JC Decaux from a “hold” rating to a “buy” rating in a research report on Thursday, October 15th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

JC Decaux Stock Performance

The company has a 50-day moving average of $21.50 and a 200-day moving average of $21.21.

About JC Decaux

JCDecaux SE is a France-based company specializing in out-of-home advertising and outdoor communications. Its activities include street furniture advertising, billboards, transport advertising and digital out-of-home media, enabling brands to reach consumers in public spaces, transit networks and other high-traffic locations.

The company provides and manages advertising-supported street furniture such as bus shelters, public information displays and city amenities. It also operates advertising networks in airports, railway stations, metro systems and other transport environments, while offering traditional and digital billboard formats.