Deutsche Bank set a €26.00 ($30.23) target price on Peugeot (EPA:UG) in a research report report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts also recently issued reports about the company. Bank of America set a €27.00 ($31.40) price target on Peugeot and gave the company a buy rating in a report on Tuesday, October 15th. Goldman Sachs Group set a €26.00 ($30.23) price target on Peugeot and gave the company a buy rating in a report on Wednesday, October 23rd. Credit Suisse Group set a €27.50 ($31.98) price target on Peugeot and gave the company a neutral rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. set a €36.00 ($41.86) price target on Peugeot and gave the company a buy rating in a report on Thursday, October 31st. Finally, Jefferies Financial Group set a €28.00 ($32.56) price target on Peugeot and gave the company a buy rating in a report on Wednesday, October 30th. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €25.39 ($29.53).
Shares of Peugeot stock traded down €0.31 ($0.36) on Monday, reaching €22.70 ($26.40). 3,482,321 shares of the stock were exchanged, compared to its average volume of 3,640,000. Peugeot has a twelve month low of €16.45 ($19.13) and a twelve month high of €21.01 ($24.43). The company has a 50 day simple moving average of €23.45.
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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