J P Morgan Chase & Co Reiterates “€91.00” Price Target for Renault SA (RNO)
Renault SA (EPA:RNO) has been given a €91.00 ($108.33) price objective by research analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Thursday. The brokerage currently has a “neutral” rating on the stock.
Other equities research analysts also recently issued research reports about the company. UBS AG set a €110.00 ($130.95) price target on Renault SA and gave the stock a “buy” rating in a research report on Friday, July 28th. Deutsche Bank AG reissued a “buy” rating on shares of Renault SA in a research report on Tuesday, July 11th. Berenberg Bank set a €76.00 ($90.48) price target on Renault SA and gave the stock a “neutral” rating in a research report on Wednesday, August 30th. S&P Global set a €90.00 ($107.14) price target on Renault SA and gave the stock a “neutral” rating in a research report on Friday, July 28th. Finally, Citigroup Inc. set a €99.00 ($117.86) price target on Renault SA and gave the stock a “buy” rating in a research report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €92.81 ($110.49).
Renault SA (RNO) opened at 78.81 on Thursday. The company’s 50 day moving average price is €76.28 and its 200 day moving average price is €81.13. Renault SA has a 52-week low of €69.12 and a 52-week high of €90.76. The company has a market cap of €21.37 billion and a P/E ratio of 5.02.
WARNING: “J P Morgan Chase & Co Reiterates “€91.00” Price Target for Renault SA (RNO)” was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/09/14/j-p-morgan-chase-91-00-price-target-for-renault-sa-rno.html.
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.
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.