Renault (EPA:RNO) has been given a €82.00 ($101.23) price target by investment analysts at Berenberg Bank in a note issued to investors on Monday, February 19th. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential downside of 13.28% from the stock’s current price.
A number of other brokerages have also issued reports on RNO. Goldman Sachs Group set a €87.00 ($107.41) target price on Renault and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Deutsche Bank set a €115.00 ($141.98) target price on Renault and gave the company a “buy” rating in a research report on Wednesday, October 25th. Barclays set a €101.00 ($124.69) target price on shares of Renault and gave the stock a “buy” rating in a research note on Wednesday, October 25th. JPMorgan Chase & Co. set a €91.00 ($112.35) target price on shares of Renault and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Finally, UBS Group set a €100.00 ($123.46) target price on shares of Renault and gave the stock a “buy” rating in a research note on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of €97.17 ($119.96).
Renault (EPA RNO) traded up €0.33 ($0.41) during mid-day trading on Monday, hitting €94.56 ($116.74). 692,333 shares of the stock traded hands, compared to its average volume of 1,300,000. The stock has a market cap of $27,960.00 and a price-to-earnings ratio of 5.06. Renault has a 1 year low of €73.71 ($91.00) and a 1 year high of €100.70 ($124.32).
Renault 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.
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