Zacks Investment Research upgraded shares of Publicis Groupe SA (NASDAQ:PUBGY) from a hold rating to a strong-buy rating in a report issued on Thursday. The firm currently has $18.00 price target on the stock.
According to Zacks, “Publicis Groupe S.A. is a global advertising and communications organization, offering a range of services to companies in 100 countries, with a particular strength in France, Germany, the United Kingdom, Spain, Italy and North America. “
Separately, Credit Suisse Group AG assumed coverage on Publicis Groupe SA in a report on Tuesday. They set an underperform rating on the stock.
Shares of Publicis Groupe SA (NASDAQ:PUBGY) opened at 15.96 on Thursday. The firm’s 50-day moving average price is $17.04 and its 200 day moving average price is $17.79. The stock has a market cap of $14.18 billion and a P/E ratio of 14.26. Publicis Groupe SA has a one year low of $13.58 and a one year high of $19.36.