PEUGEOT SA/ADR (OTCMKTS:PUGOY) Raised to Strong-Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of PEUGEOT SA/ADR (OTCMKTS:PUGOY) from a hold rating to a strong-buy rating in a report issued on Tuesday, Zacks.com reports. They currently have $28.00 target price on the stock.

According to Zacks, “Peugeot S.A. manufactures and sells cars. The company’s operating segment consists of Automotive, Automotive Equipment, and Finance. Automotive division designs, manufactures, and sells passenger cars and light commercial vehicles under the Peugeot, Citroën and DS brands. Automotive Equipment division offers interior systems, automotive seating, automotive exteriors and emissions control technologies. Finance Division provides retail financing to customers of the Peugeot, Citroën and DS brands and wholesale financing to dealer networks. It operates primarily in Europe, Eurasia, China and South-Asia, Latin America, the Middle East, Africa and North America. Peugeot S.A. is based in Paris, France. “

Other research analysts have also issued research reports about the stock. Royal Bank of Canada set a €67.00 ($77.91) price target on shares of Daimler and gave the stock a buy rating in a research report on Monday, June 3rd. ValuEngine lowered shares of Zumiez from a hold rating to a sell rating in a research report on Tuesday, July 2nd. Finally, Goldman Sachs Group restated a buy rating and issued a $70.00 price target on shares of Total in a research report on Monday.

PEUGEOT SA/ADR stock opened at $24.73 on Tuesday. PEUGEOT SA/ADR has a 1 year low of $19.46 and a 1 year high of $29.74. The business has a 50 day simple moving average of $23.93.

About PEUGEOT SA/ADR

Peugeot SA manufactures automobiles and light commercial vehicles. It produces motorbikes, scooters, hydraulic engines, vehicle components and provides after sales service. The Peugeot operates through the following business segments: Peugeot Citroen DS Automotive, Opel Vauxhall Automotive, Automotive Equipment and Finance.

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