Peugeot (PUGOY) Cut to “Sell” at Zacks Investment Research
Zacks Investment Research cut shares of Peugeot (OTCMKTS:PUGOY) from a hold rating to a sell rating in a research note issued to investors on Wednesday.
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. “
Separately, Goldman Sachs Group downgraded Peugeot from a neutral rating to a sell rating in a research report on Thursday, December 7th.
Peugeot Company Profile
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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