UBS AG Reiterates “€100.00” Price Target for Renault SA (RNO)
Renault SA (EPA:RNO) has been given a €100.00 ($117.65) target price by analysts at UBS AG in a research report issued on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.
A number of other research firms also recently commented on RNO. Sanford C. Bernstein set a €90.00 ($105.88) target price on Renault SA and gave the company a “neutral” rating in a research report on Friday. 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, October 4th. 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. 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 investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €93.82 ($110.38).
Shares of Renault SA (EPA:RNO) opened at 85.86 on Monday. Renault SA has a 12 month low of €71.92 and a 12 month high of €90.76. The company has a market capitalization of €23.29 billion and a price-to-earnings ratio of 5.47. The firm’s 50-day moving average is €78.71 and its 200 day moving average is €80.91.
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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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