After accumulation, acceleration. Timing appears favorable to go long in shares of Publicis Groupe SA and to anticipate an exit of the trading range on the upside. Investors have an opportunity to buy the stock and target the € 34.
Summary
In a short-term perspective, the company has interesting fundamentals.
Strengths
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company's attractive earnings multiples are brought to light by a P/E ratio at 11.16 for the current year.
The company is one of the best yield companies with high dividend expectations.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
The company's earnings releases usually do not meet expectations.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
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.
Canada
Deutschland
España
France
Italia
Schweiz (DE)
United Kingdom
Report
