Barclays Downgrades Publicis Groupe (OTCMKTS:PUBGY) to Hold

Publicis Groupe (OTCMKTS:PUBGY) was downgraded by research analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Citigroup upgraded Publicis Groupe to a “strong-buy” rating in a report on Monday, January 12th. Huber Research raised shares of Publicis Groupe to a “strong-buy” rating in a research report on Wednesday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Up 0.7%

Shares of OTCMKTS:PUBGY opened at $23.22 on Wednesday. The business has a fifty day simple moving average of $25.38 and a 200-day simple moving average of $24.49. Publicis Groupe has a 52 week low of $20.71 and a 52 week high of $28.73. The company has a quick ratio of 0.90, a current ratio of 0.93 and a debt-to-equity ratio of 0.31.

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.