Zacks Investment Research cut shares of Peugeot (OTCMKTS:PUGOY) from a buy rating to a hold rating in a research note released on Wednesday morning.
According to Zacks, “Peugeot S.A. manufactures and sells cars. The company’s operating segment consists of Automotive, Automotive Equipment, and Finance. Automotive division designs, manufactures, and sells passenger cars and light commercial vehicles under the Peugeot, Citroën and DS brands. Automotive Equipment division offers interior systems, automotive seating, automotive exteriors and emissions control technologies. Finance Division provides retail financing to customers of the Peugeot, Citroën and DS brands and wholesale financing to dealer networks. It operates primarily in Europe, Eurasia, China and South-Asia, Latin America, the Middle East, Africa and North America. Peugeot S.A. is based in Paris, France. “
PUGOY has been the subject of a number of other reports. Goldman Sachs downgraded shares of Peugeot from a neutral rating to a sell rating in a report on Thursday, December 7th. ValuEngine downgraded shares of Peugeot from a strong-buy rating to a buy rating in a report on Thursday, February 22nd.
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Peugeot SA is a holding company. The Company operates through three segments. The Automotive Division covers the design, manufacture and sale of passenger cars and light commercial vehicles under the Peugeot, Citroen and DS brands. The Automotive Equipment Division corresponds to the Faurecia Group consisting of Interior Systems, Automotive Seating and Clean Mobility.
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