Renault SA (RNO) PT Set at €83.00 by HSBC
Renault SA (EPA:RNO) has been given a €83.00 ($89.25) price objective by stock analysts at HSBC in a research note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock.
RNO has been the topic of several other research reports. Deutsche Bank AG set a €115.00 ($123.66) price objective on shares of Renault SA and gave the stock a “buy” rating in a research note on Tuesday, November 1st. Goldman Sachs Group Inc. set a €79.00 ($84.95) target price on shares of Renault SA and gave the stock a “neutral” rating in a research report on Friday, August 19th. Nord/LB set a €82.00 ($88.17) target price on shares of Renault SA and gave the stock a “buy” rating in a research report on Friday, August 5th. 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 report on Friday, October 14th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Renault SA in a research report on Tuesday, September 27th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €86.74 ($93.27).
Renault SA (EPA:RNO) opened at 74.75 on Monday. The firm has a market capitalization of €20.37 billion and a P/E ratio of 6.97. Renault SA has a 12 month low of €63.64 and a 12 month high of €98.14. The company’s 50 day moving average price is €75.95 and its 200 day moving average price is €75.61.
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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