Goldman Sachs Group set a €26.00 ($30.23) price target on Peugeot (EPA:UG) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also recently issued reports on UG. UBS Group raised their price objective on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a research note on Monday, July 8th. Deutsche Bank set a $28.00 price objective on Colfax and gave the stock a hold rating in a research note on Wednesday, July 10th. Bank of America set a €155.00 ($180.23) target price on Continental and gave the company a buy rating in a research note on Tuesday, May 14th. HSBC set a €25.00 ($29.07) target price on Peugeot and gave the company a buy rating in a research note on Thursday, May 16th. Finally, Kepler Capital Markets set a €29.70 ($34.53) target price on DWS Group & GmbH Co KgaA and gave the company a neutral rating in a research note on Wednesday, April 24th. Five analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €24.58 ($28.59).
Peugeot stock opened at €21.93 ($25.50) on Tuesday. The firm’s 50 day simple moving average is €21.30. Peugeot has a 52 week low of €16.45 ($19.13) and a 52 week high of €21.01 ($24.43).
Peugeot Company Profile
Peugeot SA engages in automotive, automotive equipment, and finance businesses in Europe, Eurasia, China and South-Asia, India Pacific, Latin America, the Middle East, Africa, and North America. The company's Automotive segment designs, manufactures, and sells passenger cars and light commercial vehicles under the Peugeot, Citroën, Opel, Vauxhall, and DS brands.
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