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Fly News Breaks for July 15, 2019
PUGOY
Jul 15, 2019 | 21:07 EDT
Goldman Sachs analyst George Galliers initiated Peugeot with a Buy rating and a price target of EUR 26, saying the company should outgrow the European market in the coming years and retake market share with its new product launches. The analyst notes that the management's efforts to improve pricing at the Peugeot Citroen DS division have been completed, adding that the company's earnings could also see a EUR 752M benefit if it can meet its targeted cost savings and price realization objectives.
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