Publicis: share price supported by analysts' comments
(CercleFinance.com) - Publicis slightly outperformed the trend on the Paris Bourse on Thursday, in the wake of positive comments from analysts at TP ICAP Midcap, who believe that the advertising and communications group 'will certainly still outperform its peers' in 2025.
In their note, the TP ICAP Midcap teams explain that the group "obviously" operates in a sector that is highly sensitive to household consumption, which is likely to be under pressure in Europe and Asia.
In the United States, the election of Donald Trump will, on the contrary, be a positive catalyst for household morale, according to the investment bank.
According to TP ICAP Midcap, US household consumption remains buoyant at around 5% in value terms, fuelled by rising disposable income and a falling savings rate.
After rising by 2.5% in both 2023 and 2024, consumption in the US should grow by around 2% in volume terms next year, says the financial intermediary.
Following these comments, the stock is currently up 0.2%, while the CAC 40 is losing around 0.1%. The share price, which has risen by 18% since January 1, has hit all-time highs this year.
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