Goldman Sachs Group, Inc. (The) Reiterates “€89.00” Price Target for Renault SA (RNO)
Renault SA (EPA:RNO) has been assigned a €89.00 ($105.95) price target by equities researchers at Goldman Sachs Group, Inc. (The) in a research report issued on Friday. The brokerage presently has a “neutral” rating on the stock.
A number of other equities analysts have also weighed in on the company. Deutsche Bank AG reiterated a “buy” rating on shares of Renault SA in a research report on Tuesday, July 11th. Sanford C. Bernstein set a €90.00 ($107.14) price target on Renault SA and gave the company a “neutral” rating in a research report on Thursday, May 25th. Morgan Stanley set a €75.00 ($89.29) price target on Renault SA and gave the company a “sell” rating in a research report on Wednesday, June 21st. UBS AG set a €110.00 ($130.95) price target on Renault SA and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, Barclays PLC set a €110.00 ($130.95) price target on Renault SA and gave the company a “buy” rating in a research report on Saturday, May 20th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. Renault SA has an average rating of “Hold” and a consensus target price of €92.81 ($110.49).
Shares of Renault SA (EPA RNO) traded down 0.46% on Friday, reaching €77.12. 861,364 shares of the company traded hands. Renault SA has a 52-week low of €69.12 and a 52-week high of €90.76. The firm has a 50-day moving average of €76.58 and a 200-day moving average of €81.35. The company has a market capitalization of €20.92 billion and a PE ratio of 4.92.
ILLEGAL ACTIVITY WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/09/08/goldman-sachs-group-inc-the-reiterates-89-00-price-target-for-renault-sa-rno.html.
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.
Receive News & Ratings for Renault SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renault SA and related companies with MarketBeat.com's FREE daily email newsletter.