Renault (RNO) Given a €77.00 Price Target at Morgan Stanley

Morgan Stanley set a €77.00 ($91.67) price objective on Renault (EPA:RNO) in a research report released on Thursday morning. The brokerage currently has a sell rating on the stock.

RNO has been the topic of several other research reports. Kepler Capital Markets set a €120.00 ($142.86) price objective on shares of Renault and gave the company a buy rating in a research note on Tuesday, September 19th. Deutsche Bank reissued a buy rating on shares of Renault in a research note on Friday, September 15th. UBS Group set a €100.00 ($119.05) price objective on shares of Renault and gave the company a buy rating in a research note on Monday, October 9th. JPMorgan Chase & Co. set a €91.00 ($108.33) price objective on shares of Renault and gave the company a neutral rating in a research note on Monday, October 9th. Finally, HSBC set a €93.00 ($110.71) price objective on shares of Renault and gave the company a neutral rating in a research note on Thursday, December 14th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €93.84 ($111.72).

Renault (EPA RNO) opened at €88.58 ($105.45) on Thursday. The stock has a market cap of $26,200.00 and a P/E ratio of 5.64. Renault has a one year low of €73.71 ($87.75) and a one year high of €91.30 ($108.69).

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About Renault

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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