Renault SA (RNO) Given a €80.00 Price Target at Barclays PLC
Renault SA (EPA:RNO) received a €80.00 ($88.89) price target from equities research analysts at Barclays PLC in a report issued on Friday. The firm currently has a a “neutral” rating on the stock.
RNO has been the subject of a number of other reports. BNP Paribas set a €86.00 ($95.56) price target on shares of Renault SA and gave the company a “buy” rating in a report on Monday, June 27th. Jefferies Group set a €65.00 ($72.22) price objective on shares of Renault SA and gave the company a “sell” rating in a research note on Tuesday, August 9th. Goldman Sachs Group Inc. set a €79.00 ($87.78) price objective on shares of Renault SA and gave the company a “neutral” rating in a research note on Friday, August 19th. Nord/LB set a €82.00 ($91.11) price objective on shares of Renault SA and gave the company a “buy” rating in a research note on Friday, August 5th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Renault SA in a research note on Tuesday, September 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of €88.86 ($98.74).
Renault SA (EPA:RNO) opened at 76.43 on Friday. The firm has a market capitalization of €20.83 billion and a PE ratio of 7.12. The firm’s 50-day moving average is €73.34 and its 200-day moving average is €77.50. Renault SA has a 12 month low of €63.64 and a 12 month high of €98.14.
About Renault SA
Renault SA is a France-based company primarily engaged in the manufacture of automobiles and the provision of related services. The Company 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 Company’s sales activities, and is comprised of RCI Banque and its subsidiaries.
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