Publicis: UBS raises target price

(CercleFinance.com) - UBS confirms its 'buy' recommendation on Publicis shares with a target price nudged up from E113 to E115, which now implies 19% upside potential for the French communications group's stock.


The broker sees the current share price as offering an attractive entry point, trading at less than 13x 2025 EPS, and believes that sustained organic growth can lead to an upside at a P/E of 15x, with 5% growth expected in 2025. AI risk is manageable, it adds.


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