Renault (EPA:RNO) has been given a €100.00 ($119.05) price objective by investment analysts at UBS Group in a note issued to investors on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 10.00% from the company’s previous close.
Other equities analysts also recently issued reports about the company. Deutsche Bank reissued a “buy” rating on shares of Renault in a research note on Tuesday. Barclays set a €101.00 ($120.24) price objective on Renault and gave the company a “buy” rating in a research note on Wednesday, October 25th. Citigroup set a €98.00 ($116.67) price objective on Renault and gave the company a “buy” rating in a research note on Wednesday, October 18th. Kepler Capital Markets set a €120.00 ($142.86) price objective on Renault and gave the company a “buy” rating in a research note on Wednesday, December 6th. Finally, JPMorgan Chase & Co. set a €98.00 ($116.67) price objective on Renault and gave the company a “neutral” rating in a research note on Friday, January 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €94.56 ($112.57).
Renault (EPA RNO) traded down €0.37 ($0.44) during trading on Tuesday, reaching €90.91 ($108.23). The company’s stock had a trading volume of 530,758 shares, compared to its average volume of 821,850. The firm has a market cap of $26,880.00 and a PE ratio of 5.79. Renault has a 52 week low of €73.71 ($87.75) and a 52 week high of €91.97 ($109.49).
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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