Renault SA (RNO) PT Set at €95.00 by HSBC
Renault SA (EPA:RNO) has been assigned a €95.00 ($105.56) price objective by equities research analysts at HSBC in a research report issued on Friday. The brokerage currently has a a “buy” rating on the stock.
Other analysts have also issued research reports about the company. Deutsche Bank AG set a €115.00 ($127.78) target price on Renault SA and gave the company a “buy” rating in a report on Wednesday, July 13th. Bank of America Corp. set a €95.00 ($105.56) target price on Renault SA and gave the company a “buy” rating in a report on Monday, July 11th. Kepler Capital Markets set a €110.00 ($122.22) target price on Renault SA and gave the company a “buy” rating in a report on Monday, July 4th. BNP Paribas set a €86.00 ($95.56) target price on Renault SA and gave the company a “buy” rating in a report on Monday, June 27th. 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 given a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of €89.18 ($99.09).
Renault SA (EPA:RNO) opened at 76.39 on Friday. The firm has a market capitalization of €20.81 billion and a price-to-earnings ratio of 7.12. The firm has a 50-day moving average of €73.34 and a 200-day moving average of €77.50. Renault SA has a 52-week low of €63.64 and a 52-week 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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