Renault SA (RNO) PT Set at €90.00 by Sanford C. Bernstein
Renault SA (EPA:RNO) has been assigned a €90.00 ($105.88) price target by investment analysts at Sanford C. Bernstein in a research report issued to clients and investors on Friday. The brokerage currently has a “neutral” rating on the stock.
Several other equities research analysts have also issued reports on the company. Deutsche Bank AG set a €115.00 ($135.29) target price on Renault SA and gave the company a “buy” rating in a research report on Wednesday. J P Morgan Chase & Co set a €91.00 ($107.06) target price on Renault SA and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Kepler Capital Markets set a €120.00 ($141.18) target price on Renault SA and gave the company a “buy” rating in a research report on Tuesday, September 19th. UBS AG reaffirmed a “buy” rating and set a target price on shares of Renault SA in a research report on Thursday, September 14th. Finally, Goldman Sachs Group, Inc. (The) set a €89.00 ($104.71) target price on Renault SA and gave the company a “neutral” rating in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. Renault SA has an average rating of “Hold” and an average price target of €93.82 ($110.38).
Renault SA (RNO) traded up 0.63% during trading on Friday, reaching €86.14. 1,181,506 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is €78.71 and its 200-day moving average price is €80.91. The firm has a market cap of €23.36 billion and a price-to-earnings ratio of 5.49. Renault SA has a 12 month low of €70.02 and a 12 month high of €90.76.
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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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