Zacks Investment Research upgraded shares of PEUGEOT SA/ADR (OTCMKTS:PUGOY) from a sell rating to a hold rating in a report published on Friday, Zacks.com reports.

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. “

Shares of OTCMKTS:PUGOY opened at $23.49 on Friday. PEUGEOT SA/ADR has a 1 year low of $19.46 and a 1 year high of $29.74.

The business also recently declared an annual dividend, which will be paid on Friday, May 24th. Investors of record on Wednesday, May 1st will be given a dividend of $0.69 per share. This represents a yield of 2.83%. The ex-dividend date is Tuesday, April 30th.

About PEUGEOT SA/ADR

Peugeot SA manufactures automobiles and light commercial vehicles. It produces motorbikes, scooters, hydraulic engines, vehicle components and provides after sales service. The Peugeot operates through the following business segments: Peugeot Citroen DS Automotive, Opel Vauxhall Automotive, Automotive Equipment and Finance.

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