Peugeot (EPA:UG) has been given a €26.00 ($30.23) price objective by stock analysts at Goldman Sachs Group in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 8.79% from the stock’s current price.
A number of other equities research analysts have also recently commented on the company. Jefferies Financial Group set a €27.00 ($31.40) price objective on Peugeot and gave the company a “buy” rating in a research note on Tuesday, July 2nd. Bank of America set a €26.00 ($30.23) price objective on Peugeot and gave the company a “buy” rating in a research note on Friday, August 23rd. Morgan Stanley set a €18.00 ($20.93) price objective on Peugeot and gave the company a “sell” rating in a research note on Friday, September 13th. UBS Group set a €21.50 ($25.00) price objective on Peugeot and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Finally, HSBC set a €25.00 ($29.07) price objective on Peugeot and gave the company a “buy” rating in a research note on Monday, September 9th. Five investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €24.62 ($28.62).
Peugeot stock traded up €0.33 ($0.38) during mid-day trading on Wednesday, reaching €23.90 ($27.79). The stock had a trading volume of 1,063,385 shares, compared to its average volume of 3,640,000. Peugeot has a fifty-two week low of €16.45 ($19.13) and a fifty-two week high of €21.01 ($24.43). The company has a 50-day simple moving average of €20.70.
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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