Publicis Groupe (OTCMKTS:PUBGY) Hits New 1-Year Low at $11.74

Publicis Groupe S.A. (OTCMKTS:PUBGYGet Rating) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $11.74 and last traded at $11.86, with a volume of 142564 shares traded. The stock had previously closed at $12.34.

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Publicis Groupe from €65.00 ($68.42) to €63.00 ($66.32) in a report on Friday, March 18th. Barclays cut Publicis Groupe from an “overweight” rating to an “equal weight” rating in a report on Monday, March 14th. Morgan Stanley cut Publicis Groupe from an “equal weight” rating to an “underweight” rating in a research report on Monday, May 23rd. Societe Generale raised their target price on Publicis Groupe from €77.00 ($81.05) to €78.00 ($82.11) in a research report on Wednesday, April 20th. Finally, Credit Suisse Group decreased their target price on Publicis Groupe from €70.00 ($73.68) to €67.00 ($70.53) in a research report on Wednesday, April 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Publicis Groupe presently has an average rating of “Hold” and a consensus price target of $55.74.

The company has a current ratio of 0.94, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average of $14.04 and a 200-day moving average of $15.60.

About Publicis Groupe (OTCMKTS:PUBGY)

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, media relations, public affairs, financial communications, and strategy and event management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services to optimize distribution channels.

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