Goldman Sachs Group Begins Coverage on Renault (OTCMKTS:RNSDF)
Goldman Sachs Group started coverage on shares of Renault (OTCMKTS:RNSDF) in a report issued on Tuesday morning, Briefing.com Automated Import reports. The firm issued a neutral rating on the stock.
A number of other brokerages have also recently commented on RNSDF. BNP Paribas cut shares of International Flavors & Fragrances from a neutral rating to an underperform rating in a research note on Friday, June 21st. Royal Bank of Canada reiterated a sector perform rating and issued a GBX 2,750 ($35.93) price target on shares of in a research note on Tuesday, June 4th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy.
Shares of RNSDF stock opened at $58.50 on Tuesday. The company has a fifty day moving average price of $61.97. Renault has a one year low of $56.89 and a one year high of $91.57.
Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
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