Publicis Groupe (OTCMKTS:PUBGY) Cut to Hold at Barclays

Barclays lowered shares of Publicis Groupe (OTCMKTS:PUBGY) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Several other equities analysts have also recently commented on PUBGY. Citigroup upgraded shares of Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Huber Research upgraded shares of Publicis Groupe to a “strong-buy” rating in a research report on Wednesday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Publicis Groupe Stock Performance

PUBGY opened at $23.42 on Wednesday. Publicis Groupe has a 1 year low of $20.71 and a 1 year high of $28.73. The stock has a fifty day moving average price of $25.36 and a 200 day moving average price of $24.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.93 and a quick ratio of 0.90.

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.