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STOCK MARKET VIEW
PSA - French toast
Troubled Peugeot-CitroŽn wonít hit financial targets, Fitch says
Published: Thu, 03 Oct 2013 21:12:53 GMT
 

PSA Frankfurt 2013 IAA stand

Some investors see green shoots helping Peugeot - ďWe believe that the adverse environment .... could delay Peugeot- CitroŽnís targets until 2015Ē - Peugeot- CitroŽn will probably fail to meet its recovery targets, according to Fitch Ratings, while questions remain about a possible investment from China

Investment banks have mixed views on Peugeot- CitroŽnís turnaround programme, but Commerzbank, admitting that its advice was not for the faint-hearted, recommended buying the companyís shares
...more

 

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