Publicis Groupe (OTCMKTS:PUBGY) Sets New 1-Year High – Here’s Why

Publicis Groupe SA (OTCMKTS:PUBGY) reached a new 52-week high on Tuesday . The stock traded as high as $26.94 and last traded at $26.8450, with a volume of 34122 shares trading hands. The stock had previously closed at $25.95.

Analysts Set New Price Targets

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

Publicis Groupe Stock Performance

The company has a 50-day moving average price of $25.06 and a two-hundred day moving average price of $23.57. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.30.

Publicis Groupe Company Profile

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.