Renault SA (RNO) PT Set at €91.00 by J P Morgan Chase & Co
Renault SA (EPA:RNO) has been given a €91.00 ($108.33) price target by equities researchers at J P Morgan Chase & Co in a report released on Tuesday. The firm currently has a “neutral” rating on the stock.
A number of other analysts have also recently issued reports on the company. Deutsche Bank AG reissued a “buy” rating on shares of Renault SA in a research note on Tuesday, July 11th. Morgan Stanley set a €75.00 ($89.29) target price on Renault SA and gave the stock a “sell” rating in a research note on Wednesday, June 21st. UBS AG set a €110.00 ($130.95) target price on Renault SA and gave the stock a “buy” rating in a research note on Monday, July 10th. Goldman Sachs Group, Inc. (The) set a €93.00 ($110.71) target price on Renault SA and gave the stock a “neutral” rating in a research note on Wednesday, July 12th. Finally, Jefferies Group LLC set a €82.00 ($97.62) price target on shares of Renault SA and gave the stock a “neutral” rating in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €93.82 ($111.69).
Shares of Renault SA (EPA RNO) opened at 82.08 on Tuesday. The company’s 50 day moving average is €76.32 and its 200 day moving average is €81.00. Renault SA has a 12-month low of €70.02 and a 12-month high of €90.76. The firm has a market capitalization of €22.26 billion and a PE ratio of 5.23.
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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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