Renault SA (RNO) Given a €84.00 Price Target at BNP Paribas
Renault SA (EPA:RNO) has been given a €84.00 ($92.31) price target by equities research analysts at BNP Paribas in a note issued to investors on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
Several other equities research analysts also recently weighed in on RNO. Goldman Sachs Group Inc. set a €71.00 ($78.02) price objective on Renault SA and gave the company a “neutral” rating in a report on Monday, June 27th. Kepler Capital Markets set a €110.00 ($120.88) price objective on Renault SA and gave the company a “buy” rating in a report on Monday, July 4th. Barclays PLC set a €82.00 ($90.11) price objective on Renault SA and gave the company a “neutral” rating in a report on Wednesday, July 6th. Societe Generale set a €89.00 ($97.80) price objective on Renault SA and gave the company a “buy” rating in a report on Friday, July 8th. Finally, JPMorgan Chase & Co. set a €79.00 ($86.81) price objective on Renault SA and gave the company a “neutral” rating in a report on Monday, July 11th. Two research 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 currently has an average rating of “Buy” and a consensus target price of €89.49 ($98.35).
Shares of Renault SA (EPA:RNO) opened at 77.74 on Wednesday. Renault SA has a one year low of €63.64 and a one year high of €98.14. The company has a 50-day moving average of €73.60 and a 200 day moving average of €77.23. The stock has a market cap of €21.18 billion and a price-to-earnings ratio of 7.25.
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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