Renault SA (EPA:RNO) Receives €32.08 Average PT from Brokerages
Renault SA (EPA:RNO) has earned an average recommendation of “Hold” from the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is €32.08 ($37.74).
RNO has been the topic of several recent research reports. Deutsche Bank set a €25.00 ($29.41) price objective on shares of Renault and gave the company a “neutral” rating in a report on Thursday, May 21st. UBS Group set a €22.00 ($25.88) price objective on shares of Renault and gave the company a “neutral” rating in a report on Wednesday, September 9th. Sanford C. Bernstein set a €30.00 ($35.29) price target on shares of Renault and gave the stock a “buy” rating in a report on Tuesday, September 8th. Jefferies Financial Group set a €15.00 ($17.65) price target on shares of Renault and gave the stock a “sell” rating in a report on Thursday, June 18th. Finally, Nord/LB set a €20.00 ($23.53) price target on shares of Renault and gave the stock a “neutral” rating in a report on Wednesday, May 27th.
Shares of RNO stock traded down €0.04 ($0.05) on Friday, hitting €23.59 ($27.75). 1,635,234 shares of the company’s stock were exchanged, compared to its average volume of 1,290,000. Renault has a 12 month low of €73.71 ($86.72) and a 12 month high of €100.70 ($118.47). The company has a 50 day moving average of €23.67 and a 200 day moving average of €21.25.
Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
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