Renault SA (RNO) Given a €80.00 Price Target at Barclays PLC
Renault SA (EPA:RNO) received a €80.00 ($88.89) price target from stock analysts at Barclays PLC in a research report issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
A number of other brokerages also recently commented on RNO. BNP Paribas set a €78.00 ($86.67) price objective on shares of Renault SA and gave the company a “neutral” rating in a research report on Tuesday, October 4th. Commerzbank AG set a €95.00 ($105.56) target price on shares of Renault SA and gave the company a “neutral” rating in a research report on Thursday, July 28th. JPMorgan Chase & Co. set a €83.00 ($92.22) target price on shares of Renault SA and gave the company a “neutral” rating in a research report on Friday, July 29th. Societe Generale set a €89.00 ($98.89) target price on shares of Renault SA and gave the company a “buy” rating in a research report on Friday, July 8th. Finally, Goldman Sachs Group Inc. set a €71.00 ($78.89) target price on shares of Renault SA and gave the company a “neutral” rating in a research report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the stock. Renault SA presently has a consensus rating of “Buy” and an average price target of €88.86 ($98.74).
Renault SA (EPA:RNO) opened at 76.43 on Friday. The firm has a 50 day moving average of €73.34 and a 200-day moving average of €77.50. Renault SA has a 12 month low of €63.64 and a 12 month high of €98.14. The firm has a market cap of €20.83 billion and a P/E ratio of 7.12.
Renault SA Company Profile
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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