Renault (RNO) PT Set at €96.00 by Goldman Sachs Group
Renault (EPA:RNO) has been given a €96.00 ($114.29) target price by research analysts at Goldman Sachs Group in a research note issued on Friday. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would indicate a potential upside of 12.57% from the company’s previous close.
A number of other research firms also recently issued reports on RNO. Berenberg Bank set a €76.00 ($90.48) target price on shares of Renault and gave the company a “neutral” rating in a research report on Wednesday, August 30th. set a €85.00 ($101.19) target price on shares of Renault and gave the company a “neutral” rating in a research report on Monday, September 4th. J P Morgan Chase & Co set a €91.00 ($108.33) target price on shares of Renault and gave the company a “neutral” rating in a research report on Thursday, September 14th. UBS restated a “buy” rating and set a target price on shares of Renault in a research report on Thursday, September 14th. Finally, Deutsche Bank restated a “buy” rating on shares of Renault in a research report on Friday, September 15th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. Renault has an average rating of “Hold” and an average price target of €93.50 ($111.31).
Shares of Renault (EPA RNO) opened at €85.28 ($101.52) on Friday. Renault has a 1-year low of €73.71 ($87.75) and a 1-year high of €91.30 ($108.69).
Renault SA produces, sells, and distributes vehicles worldwide. It operates through Automotive and Sales Financing segments. The company primarily offers passenger and light commercial vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers used vehicles and spare parts; and various services, including sales financing, rental, maintenance, and service contracts.
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