Berenberg Bank Initiates Coverage on Peugeot SA (PUGOY)
Separately, Jefferies Group began coverage on Peugeot SA in a report on Tuesday, August 9th. They set a “buy” rating for the company.
Peugeot SA Company Profile
Peugeot SA is a holding company. The Company operates in three segments: the Automotive Division, covering the design, manufacture and sale of passenger cars and light commercial vehicles under the Peugeot, Citroen and DS brands; the Automotive Equipment Division, corresponding to the Faurecia Group consisting of interior systems, automotive seating, automotive exteriors and emissions control technologies, and the Finance Division, corresponding to the Banque PSA Finance Group (BPF), which provides retail financing to customers of the Peugeot, Citroen and DS brands, and wholesale financing to the brands’ dealer networks.
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