Renault SA (RNO) Given Average Rating of “Hold” by Brokerages
Renault SA (EPA:RNO) has earned a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is €92.47 ($108.78).
Several research analysts have issued reports on RNO shares. Goldman Sachs Group, Inc. (The) set a €100.00 ($117.65) target price on Renault SA and gave the company a “neutral” rating in a research report on Wednesday, April 26th. UBS AG set a €110.00 ($129.41) target price on Renault SA and gave the company a “buy” rating in a research report on Friday, July 28th. Morgan Stanley set a €75.00 ($88.24) target price on Renault SA and gave the company a “sell” rating in a research report on Friday, April 28th. Deutsche Bank AG restated a “buy” rating on shares of Renault SA in a research report on Tuesday, July 11th. Finally, S&P Global set a €90.00 ($105.88) target price on Renault SA and gave the company a “neutral” rating in a research report on Friday, July 28th.
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Shares of Renault SA (EPA:RNO) opened at 76.21 on Tuesday. Renault SA has a 12-month low of €69.12 and a 12-month high of €90.76. The firm has a 50-day moving average price of €79.55 and a 200 day moving average price of €82.61. The stock has a market cap of €20.67 billion and a PE ratio of 4.86.
Renault SA Company Profile
Renault SA produces, sells, and distributes vehicles worldwide. It operates through Automotive and Sales Financing segments. The company primarily offers passenger and light commercial vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers used vehicles and spare parts; and various services, including sales financing, rental, maintenance, and service contracts.
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