Morgan Stanley Analysts Give Renault SA (RNO) a €75.00 Price Target
Renault SA (EPA:RNO) received a €75.00 ($86.21) target price from analysts at Morgan Stanley in a research note issued to investors on Tuesday. The brokerage presently has a “sell” rating on the stock.
RNO has been the subject of several other reports. Goldman Sachs Group, Inc. (The) set a €100.00 ($114.94) price target on shares of Renault SA and gave the stock a “neutral” rating in a research note on Wednesday, April 26th. Deutsche Bank AG set a €115.00 ($132.18) price target on shares of Renault SA and gave the stock a “buy” rating in a research note on Monday, April 10th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Renault SA in a research note on Monday, March 27th. BNP Paribas set a €89.00 ($102.30) price target on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday, March 29th. Finally, Nord/LB set a €93.00 ($106.90) price target on shares of Renault SA and gave the stock a “buy” rating in a research note on Friday, April 28th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €94.27 ($108.35).
Shares of Renault SA (EPA:RNO) opened at 82.99 on Tuesday. The company has a 50-day moving average price of €84.20 and a 200-day moving average price of €83.92. Renault SA has a 12-month low of €69.12 and a 12-month high of €90.76. The firm has a market capitalization of €24.16 billion and a P/E ratio of 6.66.
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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. 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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