Renault (OTCMKTS:RNLSY) Given Consensus Rating of “Reduce” by Analysts

Shares of Renault (OTCMKTS:RNLSY) have been given an average recommendation of “Reduce” by the six research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.

Separately, Zacks Research lowered Renault from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th.

Renault Stock Up 0.2%

Shares of Renault stock opened at $5.86 on Tuesday. The stock’s fifty day moving average is $6.30 and its 200 day moving average is $6.96. Renault has a one year low of $5.60 and a one year high of $9.56.

About Renault

Renault SA is a French multinational automobile manufacturer founded in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, France, the company designs, produces and distributes a wide range of passenger cars, light commercial vehicles and electric vehicles under the Renault, Dacia and Alpine brands. Renault also develops powertrains, including combustion engines and electric motors, and provides related services such as financing, leasing and fleet management.

Throughout its history, Renault has been at the forefront of automotive innovation, introducing mass-produced vehicles in the early 20th century and pioneering mass-market electric cars in the 2010s.