Renault SA (RNO) PT Set at €80.00 by Barclays PLC
Renault SA (EPA:RNO) has been given a €80.00 ($88.89) target price by analysts at Barclays PLC in a research note issued on Friday. The firm currently has a a “neutral” rating on the stock.
A number of other research analysts also recently issued reports on RNO. Goldman Sachs Group Inc. set a €71.00 ($78.89) price objective on shares of Renault SA and gave the company a “neutral” rating in a research report on Monday, June 27th. BNP Paribas set a €86.00 ($95.56) target price on shares of Renault SA and gave the company a “buy” rating in a report on Monday, June 27th. Kepler Capital Markets set a €110.00 ($122.22) target price on shares of Renault SA and gave the company a “buy” rating in a report on Monday, July 4th. Societe Generale set a €89.00 ($98.89) target price on shares of Renault SA and gave the company a “buy” rating in a report on Friday, July 8th. Finally, JPMorgan Chase & Co. set a €79.00 ($87.78) target price on shares of Renault SA and gave the company a “neutral” rating in a report on Monday, July 11th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €88.86 ($98.74).
Shares of Renault SA (EPA:RNO) opened at 76.51 on Friday. The company’s 50-day moving average is €73.34 and its 200-day moving average is €77.50. Renault SA has a 12-month low of €63.64 and a 12-month high of €98.14. The stock has a market cap of €20.85 billion and a P/E ratio of 7.13.
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About Renault SA
Renault SA is a France-based company primarily engaged in the manufacture of automobiles and the provision of related services. The Company 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 Company’s sales activities, and is comprised of RCI Banque and its subsidiaries.
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