Publicis Groupe (OTCMKTS:PUBGY) Rating Increased to Strong-Buy at Berenberg Bank

Publicis Groupe (OTCMKTS:PUBGY) was upgraded by research analysts at Berenberg Bank to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, The Goldman Sachs Group raised Publicis Groupe to a “strong-buy” rating in a report on Wednesday, June 3rd. Four analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Publicis Groupe Stock Performance

Shares of OTCMKTS PUBGY opened at $25.51 on Tuesday. Publicis Groupe has a 12-month low of $19.72 and a 12-month high of $28.73. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.97 and a quick ratio of 0.94. The stock’s 50 day simple moving average is $23.34 and its 200 day simple moving average is $23.61.

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.