UBS Group Analysts Give Renault (EPA:RNO) a €16.00 Price Target
UBS Group set a €16.00 ($18.60) target price on Renault (EPA:RNO) in a research report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also issued reports about the company. Deutsche Bank set a €45.00 ($52.33) price objective on Renault and gave the company a neutral rating in a research report on Monday, February 17th. Morgan Stanley set a €60.00 ($69.77) price target on Renault and gave the stock a buy rating in a research report on Monday, December 16th. Jefferies Financial Group set a €28.00 ($32.56) price target on Renault and gave the stock a sell rating in a research report on Wednesday, February 19th. Goldman Sachs Group set a €19.00 ($22.09) price target on Renault and gave the stock a neutral rating in a research report on Wednesday, March 18th. Finally, Royal Bank of Canada set a €22.00 ($25.58) price target on Renault and gave the stock a buy rating in a research report on Monday, March 16th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €42.87 ($49.84).
Shares of Renault stock opened at €19.37 ($22.52) on Tuesday. The business’s 50-day moving average price is €25.85 and its 200-day moving average price is €40.99. Renault has a 12 month low of €73.71 ($85.71) and a 12 month high of €100.70 ($117.09).
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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