Publicis Groupe (OTCMKTS:PUBGY) Sets New 12-Month High – Still a Buy?

Publicis Groupe SA (OTCMKTS:PUBGY)’s share price reached a new 52-week high on Thursday . The stock traded as high as $29.7765 and last traded at $29.65, with a volume of 8519 shares trading hands. The stock had previously closed at $29.58.

Wall Street Analyst Weigh In

PUBGY has been the subject of a number of research reports. Berenberg Bank raised shares of Publicis Groupe to a “strong-buy” rating in a research note on Tuesday, June 9th. The Goldman Sachs Group raised shares of Publicis Groupe to a “strong-buy” rating in a research note on Wednesday, June 3rd. Four investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Up 1.4%

The business’s fifty day moving average price is $26.35 and its two-hundred day moving average price is $23.97. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97.

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.