Jefferies Financial Group set a €17.00 ($19.77) target price on Peugeot (EPA:UG) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also commented on the company. Royal Bank of Canada set a €4.00 ($4.65) target price on Peugeot and gave the company a sell rating in a research note on Monday, March 16th. Kepler Capital Markets set a €28.00 ($32.56) price target on Peugeot and gave the company a buy rating in a report on Wednesday, February 26th. Oddo Bhf set a €26.00 ($30.23) price target on Peugeot and gave the company a buy rating in a report on Thursday, January 30th. Sanford C. Bernstein set a €30.00 ($34.88) target price on Peugeot and gave the company a buy rating in a research note on Thursday, December 12th. Finally, UBS Group set a €11.00 ($12.79) price target on Peugeot and gave the stock a neutral rating in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €22.75 ($26.45).
UG traded up €0.29 ($0.34) during midday trading on Wednesday, reaching €12.59 ($14.64). The company’s stock had a trading volume of 3,735,430 shares, compared to its average volume of 3,640,000. The company has a fifty day simple moving average of €16.20 and a 200 day simple moving average of €20.62. Peugeot has a twelve month low of €16.45 ($19.13) and a twelve month high of €21.01 ($24.43).
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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