Publicis Groupe SA (NASDAQ:PUBGY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

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. “

Several other equities research analysts also recently commented on the company. Deutsche Bank AG raised Publicis Groupe SA from a “hold” rating to a “buy” rating in a report on Monday, July 17th. UBS AG began coverage on Publicis Groupe SA in a report on Tuesday, June 13th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Publicis Groupe SA currently has an average rating of “Hold”.

Shares of Publicis Groupe SA (NASDAQ:PUBGY) traded down 0.7240% on Wednesday, hitting $17.4825. The stock had a trading volume of 10,836 shares. Publicis Groupe SA has a 12-month low of $15.83 and a 12-month high of $19.44. The firm’s market cap is $15.82 billion. The company’s 50-day moving average price is $17.27 and its 200 day moving average price is $17.94.

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Publicis Groupe SA Company Profile

Publicis Groupe SA is a France-based communications company. It offers local and international clients its services in marketing, communication and digital transformation. It provides a range of communications and marketing solutions, such as Creative Solutions; Media Solutions; Digital Solutions, and Healthcare Solutions.

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