Renault SA (RNO) Receives Average Rating of “Hold” from Brokerages
Shares of Renault SA (EPA:RNO) have been assigned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is €92.83 ($109.22).
A number of analysts have recently commented on the stock. J P Morgan Chase & Co set a €91.00 ($107.06) target price on shares of Renault SA and gave the stock a “neutral” rating in a research note on Wednesday. Barclays PLC set a €101.00 ($118.82) target price on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday. Deutsche Bank AG set a €115.00 ($135.29) target price on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday. Goldman Sachs Group, Inc. (The) set a €87.00 ($102.35) target price on shares of Renault SA and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Citigroup Inc. set a €98.00 ($115.29) target price on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday, October 18th.
Renault SA (EPA RNO) opened at 84.81 on Friday. Renault SA has a 12 month low of €71.92 and a 12 month high of €90.76. The stock has a market cap of €23.00 billion and a price-to-earnings ratio of 5.41. The stock’s 50 day moving average price is €82.63 and its 200-day moving average price is €81.36.
COPYRIGHT VIOLATION NOTICE: “Renault SA (RNO) Receives Average Rating of “Hold” from Brokerages” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://www.americanbankingnews.com/2017/10/29/renault-sa-rno-receives-average-rating-of-hold-from-brokerages.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.