STOCK MARKET VIEW | Troubled Peugeot-Citroën won’t hit financial targets, Fitch says

STOCK MARKET VIEW
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Troubled Peugeot-Citroën won’t hit financial targets, Fitch says
Published: Thu, 03 Oct 2013 21:12:53 GMT
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Some investors see green shoots helping Peugeot - “We believe that the adverse environment .... could delay Peugeot- Citroën’s targets until 2015” - Peugeot- Citroën 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- Citroën’s turnaround programme, but Commerzbank, admitting that its advice was not for the faint-hearted, recommended buying the company’s shares...more

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