Renault SA (EPA:RNO) has been assigned a €78.00 ($86.67) price objective by equities researchers at BNP Paribas in a research report issued on Tuesday. The firm presently has a a “neutral” rating on the stock.
Several other research analysts also recently commented on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Renault SA in a research note on Tuesday, September 27th. Goldman Sachs Group Inc. set a €79.00 ($87.78) target price on shares of Renault SA and gave the stock a “neutral” rating in a research note on Friday, August 19th. Jefferies Group set a €65.00 ($72.22) target price on shares of Renault SA and gave the stock a “sell” rating in a research note on Tuesday, August 9th. Nord/LB set a €82.00 ($91.11) target price on shares of Renault SA and gave the stock a “buy” rating in a research note on Friday, August 5th. Finally, Barclays PLC set a €84.00 ($93.33) target price on shares of Renault SA and gave the stock a “neutral” rating in a research note on Friday, July 29th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company. Renault SA has an average rating of “Buy” and a consensus target price of €89.07 ($98.97).
Renault SA (EPA:RNO) opened at 75.15 on Tuesday. The firm has a 50 day moving average of €72.91 and a 200-day moving average of €78.00. The company has a market capitalization of €20.48 billion and a price-to-earnings ratio of 7.00. Renault SA has a 1-year low of €62.77 and a 1-year high of €98.14.
About Renault SA
Renault SA is a France-based company primarily engaged in the manufacture of automobiles and the provision of related services. The Company is structured into two segments: the Automobile division, which handles the design, manufacture and marketing of passenger cars and light commercial vehicles, under Renault, Renault Samsung Motors and Dacia brands, and the Sales Financing division, which provides financial and commercial services related to the Company’s sales activities, and is comprised of RCI Banque and its subsidiaries.
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