Peugeot (UG) Given a €29.00 Price Target at Jefferies Financial Group
Several other equities research analysts have also commented on UG. Berenberg Bank set a €17.00 ($19.77) price objective on shares of Peugeot and gave the stock a sell rating in a research report on Thursday, August 2nd. JPMorgan Chase & Co. set a €30.00 ($34.88) target price on shares of Peugeot and gave the company a buy rating in a research note on Monday, July 2nd. Societe Generale set a €27.00 ($31.40) target price on shares of Peugeot and gave the company a buy rating in a research note on Tuesday, July 24th. UBS Group set a €20.00 ($23.26) target price on shares of Peugeot and gave the company a neutral rating in a research note on Wednesday, July 25th. Finally, Sanford C. Bernstein set a €30.00 ($34.88) target price on shares of Peugeot and gave the company a buy rating in a research note on Tuesday, July 24th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. Peugeot currently has a consensus rating of Hold and an average target price of €23.06 ($26.81).
Shares of Peugeot traded up €0.10 ($0.12), hitting €19.15 ($22.27), on Friday, MarketBeat reports. The company’s stock had a trading volume of 1,070,000 shares, compared to its average volume of 3,640,000. Peugeot has a 52-week low of €16.45 ($19.13) and a 52-week 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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