Zacks Investment Research downgraded shares of Publicis Groupe SA (OTCMKTS:PUBGY) from a hold rating to a sell rating in a report issued on Thursday morning.

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. “

A number of other research analysts also recently issued reports on PUBGY. BNP Paribas upgraded Publicis Groupe SA from a neutral rating to an outperform rating in a research note on Tuesday, September 6th. Pivotal Research restated a hold rating on shares of Publicis Groupe SA in a research note on Thursday, July 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $21.00.

Shares of Publicis Groupe SA (OTCMKTS:PUBGY) traded up 0.57% during midday trading on Thursday, hitting $18.72. The stock had a trading volume of 77,157 shares. The stock has a market cap of $16.64 billion, a PE ratio of 16.26 and a beta of 1.33. The firm has a 50 day moving average price of $18.81 and a 200 day moving average price of $17.96. Publicis Groupe SA has a one year low of $13.58 and a one year high of $19.36.

About Publicis Groupe SA

Publicis Groupe SA is a global communications company. The Company offers its local and international clients a range of analog and digital communication services. The Company operates in approximately 108 countries across five continents. The Company’s the digital activities are managed either within independent organizations, such as DigitasLBi, Razorfish Global, or by structures that are integrated into networks, such as Leo Burnett, Publicis Worldwide, Saatchi & Saatchi, ZenithOptimedia media agencies, Starcom MediaVest Group, as well as MSLGROUP, and Publicis Healthcare Communications Group.

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