Royal Bank of Canada set a €19.00 ($22.09) price objective on Peugeot (EPA:UG) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other brokerages have also recently commented on UG. Goldman Sachs Group cut Micro Focus International from a neutral rating to a sell rating in a research report on Tuesday, July 16th. Sanford C. Bernstein set a €90.00 ($104.65) price objective on Renault and gave the stock a neutral rating in a research note on Thursday, June 6th. UBS Group boosted 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. Credit Suisse Group set a $123.00 price objective on Hershey and gave the stock a hold rating in a research note on Friday, April 26th. Finally, HSBC set a €25.00 ($29.07) price objective on Peugeot and gave the stock a buy rating in a research note on Thursday, May 16th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the stock. Peugeot has an average rating of Hold and a consensus price target of €24.58 ($28.59).
Peugeot stock opened at €21.90 ($25.47) on Wednesday. Peugeot has a 12 month low of €16.45 ($19.13) and a 12 month high of €21.01 ($24.43). The firm has a 50 day simple moving average of €21.33.
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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