Renault SA (RNO) Given Average Recommendation of “Hold” by Analysts
Renault SA (EPA:RNO) has been assigned an average recommendation of “Hold” from the sixteen analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is €91.33 ($108.73).
Several equities research analysts recently issued reports on RNO shares. Deutsche Bank AG restated 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 shares of 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 shares of 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 shares of Renault SA and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, Goldman Sachs Group, Inc. (The) set a €93.00 ($110.71) price target on shares of Renault SA and gave the company a “neutral” rating in a research report on Wednesday, July 12th.
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Renault SA (RNO) opened at 77.12 on Friday. The company’s 50 day moving average is €76.58 and its 200-day moving average is €81.35. Renault SA has a 1-year low of €69.12 and a 1-year high of €90.76. The stock has a market capitalization of €20.92 billion and a PE ratio of 4.92.
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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