Peugeot (EPA:UG) Stock Upgrade
The stock rating of Peugeot (EPA:UG) shares was boosted by equity analysts at Deutsche Bank AG to a respectable Buy. They currently have a target PPS of EUR 22.00 on UG. Deutsche Bank AG’s target PPS could mean a possible upside of 31.74% from the last close price of the company.
From a total of 8 analysts covering Peugeot (EPA:UG) stock, 3 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 38% of the ratings are positive. The highest target price is €24 while the lowest target price is €15. The mean of all analyst targets is €18.30 with a 9.71% above today’s (€16.68) stock price. Peugeot was the topic of 11 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. S&P Research maintained shares on October 27 with “Hold” rating. Credit Suisse maintained shares with “Neutral” rating and €15.30 target share price in a report from an August 24. Bernstein upgraded UG stock in a recent report from September 25 to “Outperform” rating. Commerzbank upgraded the rating on July 29. Commerzbank has a “Buy” rating and a €24 price target on shares. Finally, DZ-Bank AG downgraded the stock to “Sell” rating in a report issued on a September 17.
The stock decreased 1.33% or EUR 0.23 on December 1, striking EUR 16.68. Approximately 4.47 million shares of stock traded hands or 12.31% up from the average. Peugeot SA (EPA:UG) has 0.00% since April 29, 2015 and is . It has outperformed by 1.62% the S&P500.
Peugeot S.A. is a holding company passenger cars and light commercial vehicles business. The company has a market cap of 13.04 billion EUR. The Firm operates in three divisions: 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, which provides retail financing to clients of the Peugeot, Citroen and DS brands, and wholesale financing to the two brands’ dealer networks. It currently has negative earnings. Banque PSA Finance is a financial institution.
According to Zacks Investment Research, “UNITED GUARDIAN conducts research, product development, manufacturing and marketing of pharmaceuticals, cosmetics, health care products, medical devices, and proprietary industrial products. They also distributes a line of over 3,000 fine organic chemicals, research chemicals, test solutions, indicators, dyes and reagents.” Get a free copy of the Zacks research report on Peugeot SA (UG)