Peugeot: Oddo BHF hails 'solid fundamentals'
(CercleFinance.com) - Oddo BHF reiterates its "buy" rating on the Peugeot share, with a target price of 29 euros, believing that the group's fundamentals remain strong in the near term, and that the share is one of the least exposed to risks of customs barriers.
The Peugeot shares remains one of the best performers in its sector (+13% y-t-d), despite the upheavals relating to major strategic maneuvers (halt to talks between PSA and FCA, aborted merger project between FCA and Renault), the analyst monitoring the stock says.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The Peugeot shares remains one of the best performers in its sector (+13% y-t-d), despite the upheavals relating to major strategic maneuvers (halt to talks between PSA and FCA, aborted merger project between FCA and Renault), the analyst monitoring the stock says.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.