Publicis Groupe Receives Consensus Recommendation of “Buy” from Analysts (NASDAQ:PUBGY)
Publicis Groupe (NASDAQ:PUBGY) has received a consensus rating of “Buy” from the eight brokerages that are currently covering the stock, ARN reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.
A number of research firms have recently commented on PUBGY. Analysts at Citigroup Inc. downgraded shares of Publicis Groupe from a “neutral” rating to a “sell” rating in a research note on Monday. Analysts at Nomura downgraded shares of Publicis Groupe from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th.
Shares of Publicis Groupe (NASDAQ:PUBGY) traded down 2.46% during mid-day trading on Monday, hitting $18.795. 8,814 shares of the company’s stock traded hands. Publicis Groupe has a 52 week low of $18.37 and a 52 week high of $23.85. The stock’s 50-day moving average is $20.6 and its 200-day moving average is $21.68. The company has a market cap of $15.689 billion and a price-to-earnings ratio of 17.60.
Publicis Groupe SA (NASDAQ:PUBGY) is a France-based company engaged in the provision of advertising services, specialized agencies and marketing services (SAMS) and media services.
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