Berenberg Bank Lowers Publicis Groupe (OTCMKTS:PUBGY) to Hold

Berenberg Bank downgraded shares of Publicis Groupe (OTCMKTS:PUBGY) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning, The Fly reports.

Several other analysts also recently issued reports on the stock. Zacks Investment Research raised shares of Publicis Groupe from a sell rating to a hold rating in a research report on Wednesday, September 11th. Macquarie downgraded shares of Publicis Groupe from an outperform rating to a neutral rating in a research report on Friday, October 11th. Morgan Stanley downgraded shares of Publicis Groupe from an equal weight rating to an underweight rating in a research report on Monday, October 7th. Societe Generale downgraded shares of Publicis Groupe from a buy rating to a hold rating in a research report on Friday, October 11th. Finally, Liberum Capital downgraded shares of Publicis Groupe from a buy rating to a hold rating in a research report on Friday, July 19th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. Publicis Groupe presently has a consensus rating of Hold.

PUBGY opened at $10.31 on Tuesday. Publicis Groupe has a 1 year low of $10.01 and a 1 year high of $15.83. The firm has a 50 day moving average price of $11.94 and a 200 day moving average price of $12.99. The company has a market cap of $9.36 billion, a PE ratio of 7.58, a price-to-earnings-growth ratio of 6.33 and a beta of 0.57.

About Publicis Groupe

Publicis Groupe SA provides marketing, communication, and digital transformation services worldwide. The company offers creative solutions, including advertising, interactive communications and digital marketing, direct marketing and customer relationship management, sales promotion and point-of-sale marketing, public relations, corporate and financial communications, and events communication services.

Read More: Oversold

The Fly

Analyst Recommendations for Publicis Groupe (OTCMKTS:PUBGY)

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