Deutsche Bank Analysts Give Renault (RNO) a €115.00 Price Target
Renault (EPA:RNO) has been assigned a €115.00 ($136.90) price objective by Deutsche Bank in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price target would suggest a potential upside of 28.09% from the stock’s current price.
Other research analysts have also issued research reports about the company. Citigroup set a €98.00 ($116.67) target price on Renault and gave the stock a “buy” rating in a research report on Monday. Credit Suisse Group set a €88.00 ($104.76) target price on Renault and gave the stock a “sell” rating in a research report on Tuesday. UBS Group set a €100.00 ($119.05) target price on Renault and gave the stock a “buy” rating in a research report on Monday, October 9th. Kepler Capital Markets set a €120.00 ($142.86) target price on Renault and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Finally, Barclays set a €101.00 ($120.24) target price on Renault and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company’s stock. Renault has an average rating of “Hold” and an average target price of €93.84 ($111.72).
Shares of Renault (EPA RNO) opened at €89.78 ($106.88) on Tuesday. The firm has a market capitalization of $26,550.00 and a P/E ratio of 5.72. Renault has a 12 month low of €73.71 ($87.75) and a 12 month high of €91.30 ($108.69).
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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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