Deutsche Bank AG Analysts Give Renault SA (RNO) a €115.00 Price Target
Renault SA (EPA:RNO) received a €115.00 ($127.78) price target from research analysts at Deutsche Bank AG in a research note issued on Thursday. The firm currently has a “buy” rating on the stock.
Several other research analysts have also weighed in on the stock. J P Morgan Chase & Co restated a “neutral” rating on shares of Renault SA in a research note on Monday, March 27th. Sanford C. Bernstein set a €90.00 ($100.00) price objective on shares of Renault SA and gave the stock a “neutral” rating in a research note on Thursday, May 25th. BNP Paribas set a €89.00 ($98.89) price objective on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday, March 29th. Morgan Stanley set a €75.00 ($83.33) price objective on shares of Renault SA and gave the stock a “sell” rating in a research note on Friday, April 28th. Finally, Barclays PLC set a €110.00 ($122.22) price objective on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday, May 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €93.94 ($104.38).
Renault SA (EPA:RNO) traded up 0.94% during midday trading on Thursday, reaching €80.90. 523,826 shares of the company’s stock were exchanged. The company has a market cap of €23.55 billion and a price-to-earnings ratio of 6.49. Renault SA has a 52 week low of €63.64 and a 52 week high of €90.76. The firm has a 50-day moving average price of €84.89 and a 200 day moving average price of €83.92.
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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