Publicis: Liberum on buy before results

(CercleFinance.com) - Analyst Liberum confirms its 'buy' recommendation on the Publicis share, on the eve of a quarterly publication that should be positive.
.. the extent to which the broker is as yet unaware.

Anticipating an organic growth in sales of around +0.5%, Liberum recalls that Publicis historically keeps surprises up its sleeve, both positive and negative, in its quarterly results. They believe that any surprise it has in store though will be more positive than negative (believing that management would have reported earlier if Q2 had not been positive).

The broker therefore confirms its price target of 65 euros.

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