Renault SA (RNO) PT Set at €115.00 by Deutsche Bank AG
Renault SA (EPA:RNO) has been assigned a €115.00 ($135.29) price target by Deutsche Bank AG in a report issued on Wednesday. The firm presently has a “buy” rating on the stock.
Several other research analysts also recently weighed in on RNO. Morgan Stanley set a €75.00 ($88.24) target price on shares of Renault SA and gave the stock a “sell” rating in a research report on Wednesday, June 21st. UBS AG restated a “buy” rating and issued a price target on shares of Renault SA in a research report on Thursday, September 14th. Goldman Sachs Group, Inc. (The) set a €93.00 ($109.41) price target on shares of Renault SA and gave the company a “neutral” rating in a research report on Wednesday, July 12th. Jefferies Group LLC set a €82.00 ($96.47) price objective on shares of Renault SA and gave the stock a “neutral” rating in a research note on Thursday, August 3rd. Finally, Kepler Capital Markets set a €120.00 ($141.18) price objective on shares of Renault SA and gave the stock a “buy” rating in a research note on Tuesday, September 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €93.82 ($110.38).
Shares of Renault SA (RNO) opened at 84.91 on Wednesday. The firm has a 50-day moving average of €78.12 and a 200 day moving average of €80.83. Renault SA has a 1-year low of €70.02 and a 1-year high of €90.76. The stock has a market capitalization of €23.03 billion and a PE ratio of 5.41.
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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.
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