Peugeot (UG) PT Set at €16.60 by Goldman Sachs Group
Peugeot (EPA:UG) has been given a €16.60 ($19.76) price objective by equities research analysts at Goldman Sachs Group in a note issued to investors on Friday. The firm presently has a “sell” rating on the stock. Goldman Sachs Group’s price objective points to a potential downside of 1.83% from the company’s current price.
Several other equities research analysts also recently commented on the company. Citigroup set a €14.50 ($17.26) price objective on Peugeot and gave the company a “sell” rating in a report on Friday, December 1st. J P Morgan Chase & Co set a €25.00 ($29.76) price objective on Peugeot and gave the company a “buy” rating in a report on Thursday, November 30th. Kepler Capital Markets set a €21.00 ($25.00) price objective on Peugeot and gave the company a “neutral” rating in a report on Friday, November 10th. Sanford C. Bernstein set a €24.00 ($28.57) price objective on Peugeot and gave the company a “buy” rating in a report on Thursday, November 9th. Finally, Deutsche Bank set a €24.00 ($28.57) price objective on Peugeot and gave the company a “buy” rating in a report on Thursday, October 26th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €19.72 ($23.48).
Shares of Peugeot (EPA:UG) traded down €0.23 ($0.27) on Friday, reaching €16.91 ($20.13). The company’s stock had a trading volume of 4,130,000 shares, compared to its average volume of 3,840,000. Peugeot has a 12-month low of €14.61 ($17.39) and a 12-month high of €21.01 ($25.01).
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 companys Automotive division designs, manufactures, and sells passenger cars and light commercial vehicles under the Peugeot, Citroën, and DS brands.
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