Publicis Groupe (OTCMKTS:PUBGY) Hits New 12-Month High – What’s Next?

Publicis Groupe SA (OTCMKTS:PUBGY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $27.37 and last traded at $27.37, with a volume of 12653 shares traded. The stock had previously closed at $27.08.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Berenberg Bank upgraded Publicis Groupe to a “strong-buy” rating in a research report 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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Publicis Groupe Stock Performance

The company’s 50 day simple moving average is $25.25 and its 200-day simple moving average is $23.61. The company has a quick ratio of 0.94, a current ratio of 0.97 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.