Renault (EPA:RNO) received a €82.00 ($101.23) price objective from equities research analysts at Berenberg Bank in a research report issued on Monday. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price target points to a potential downside of 5.64% from the stock’s previous close.
RNO has been the subject of a number of other reports. Goldman Sachs Group set a €88.00 ($108.64) target price on shares of Renault and gave the company a “neutral” rating in a report on Monday, November 6th. HSBC set a €93.00 ($114.81) target price on shares of Renault and gave the company a “neutral” rating in a report on Thursday, December 14th. UBS Group set a €100.00 ($123.46) target price on shares of Renault and gave the company a “buy” rating in a report on Friday, November 3rd. Deutsche Bank set a €115.00 ($141.98) target price on shares of Renault and gave the company a “buy” rating in a report on Wednesday, December 27th. Finally, Cfra set a €100.00 ($123.46) target price on shares of Renault and gave the company a “buy” rating in a report on Monday. 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 company’s stock. The company has an average rating of “Hold” and an average price target of €96.00 ($118.52).
Renault (EPA:RNO) opened at €86.90 ($107.28) on Monday. Renault has a 1-year low of €73.71 ($91.00) and a 1-year high of €91.97 ($113.54). The stock has a market cap of $25,700.00 and a PE ratio of 4.65.
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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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