Publicis Groupe SA : Towards the breakout of a major resistance level

01/24/2023 | 02:39am EST

long trade Live

Entry price : 62.48€ | Target : 70€ | Stop-loss : 58€ | Potential : 12.04%

Publicis Groupe SA shares are reaching an interesting resistance zone. The current technical chart pattern suggests that a breach of this level could lead to new upside potential. Investors have an opportunity to buy the stock and target the € 70.

Summary

• The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
• Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
• The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

• The company is in a robust financial situation considering its net cash and margin position.
• Given the positive cash flows generated by its business, the company's valuation level is an asset.
• This company will be of major interest to investors in search of a high dividend stock.
• Over the past year, analysts have regularly revised upwards their sales forecast for the company.
• For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
• The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

Ratings chart

Subsector Other Advertising & Marketing

1st jan. Capitalization (M$) Investor Rating PUBLICIS GROUPE SA 8.41% 17 778 OMNICOM GROUP., INC. 5.47% 17 543 FOCUS MEDIA INFORMATION TEC.. 4.79% 14 905 THE INTERPUBLIC GROUP OF CO.. 9.01% 13 979 WPP PLC 14.31% 12 346 360 SECURITY TECHNOLOGY INC.. 7.65% 7 265 JCDECAUX SE 19.64% 4 893 CYBERAGENT, INC. 5.82% 4 796 AUTOHOME INC. 18.82% 4 681 HAKUHODO DY HOLDINGS INC 5.71% 4 012 IPSOS 1.54% 2 863

More Results

© MarketScreener.com 2023

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.