HSBC set a €27.00 ($31.40) price objective on Peugeot (EPA:UG) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other analysts have also recently issued reports about the company. Royal Bank of Canada set a €20.00 ($23.26) price target on Peugeot and gave the stock a sell rating in a research report on Thursday. Bank of America set a €26.00 ($30.23) price target on Peugeot and gave the stock a buy rating in a research report on Friday, August 23rd. JPMorgan Chase & Co. set a €36.00 ($41.86) price target on Peugeot and gave the stock a buy rating in a research report on Monday, September 16th. Jefferies Financial Group set a €25.00 ($29.07) price target on Peugeot and gave the stock a buy rating in a research report on Thursday. Finally, Deutsche Bank set a €28.00 ($32.56) price target on Peugeot and gave the stock a buy rating in a research report on Thursday, July 25th. Five analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of €24.70 ($28.72).
Peugeot stock opened at €24.02 ($27.93) on Thursday. 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 €20.77.
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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