Renault SA (RNO) Given a €75.00 Price Target by Berenberg Bank Analysts
Several other equities analysts also recently issued reports on the stock. HSBC set a €83.00 ($89.25) price objective on shares of Renault SA and gave the company a neutral rating in a research note on Monday. Deutsche Bank AG set a €115.00 ($123.66) target price on shares of Renault SA and gave the stock a buy rating in a research note on Tuesday, November 1st. Morgan Stanley set a €65.00 ($69.89) target price on shares of Renault SA and gave the stock a sell rating in a research note on Wednesday, October 26th. Nord/LB set a €85.00 ($91.40) target price on shares of Renault SA and gave the stock a buy rating in a research note on Wednesday, October 26th. Finally, Barclays PLC set a €80.00 ($86.02) target price on shares of Renault SA and gave the stock a neutral rating in a research note on Wednesday, October 26th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €86.74 ($93.27).
Shares of Renault SA (EPA:RNO) opened at 73.91 on Tuesday. The company has a 50-day moving average price of €75.95 and a 200 day moving average price of €75.61. The firm has a market capitalization of €20.14 billion and a PE ratio of 6.89. Renault SA has a 12-month low of €63.64 and a 12-month high of €98.14.
Renault SA Company Profile
Renault SA is a France based company primarily engaged in the manufacture of automobiles and the provision of related services. It 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 sales activities, and is comprised of RCI Banque and its subsidiaries.
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