Renault SA (RNO) Given a €78.00 Price Target at BNP Paribas
A number of other analysts have also issued reports on RNO. Morgan Stanley restated a sell rating on shares of Renault SA in a report on Friday, June 10th. Barclays PLC set a €108.00 ($120.00) price objective on Renault SA and gave the stock a buy rating in a report on Tuesday, June 14th. Goldman Sachs Group Inc. set a €71.00 ($78.89) price objective on Renault SA and gave the stock a neutral rating in a report on Monday, June 27th. Kepler Capital Markets set a €110.00 ($122.22) price objective on Renault SA and gave the stock a buy rating in a report on Monday, July 4th. Finally, Societe Generale set a €89.00 ($98.89) price objective on Renault SA and gave the stock a buy rating in a report on Friday, July 8th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. Renault SA currently has an average rating of Buy and an average price target of €89.07 ($98.97).
Renault SA (EPA:RNO) opened at 76.40 on Tuesday. Renault SA has a one year low of €62.77 and a one year high of €98.14. The company has a 50-day moving average price of €72.98 and a 200-day moving average price of €77.93. The stock has a market cap of €20.82 billion and a P/E ratio of 7.12.
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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