Morgan Stanley Analysts Give Renault SA (RNO) a €65.00 Price Target
Other analysts have also issued research reports about the company. BNP Paribas set a €71.00 ($78.02) target price on Renault SA and gave the company a neutral rating in a report on Monday, July 11th. Commerzbank AG set a €95.00 ($104.40) price objective on Renault SA and gave the stock a neutral rating in a research report on Thursday, July 28th. Jefferies Group set a €65.00 ($71.43) price objective on Renault SA and gave the stock a sell rating in a research report on Tuesday, August 9th. JPMorgan Chase & Co. set a €79.00 ($86.81) price objective on Renault SA and gave the stock a neutral rating in a research report on Monday, July 11th. Finally, S&P Global Inc. set a €86.00 ($94.51) price objective on Renault SA and gave the stock a buy rating in a research report on Thursday, July 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company. Renault SA has a consensus rating of Buy and a consensus price target of €89.18 ($98.00).
Renault SA (EPA:RNO) opened at 76.04 on Wednesday. Renault SA has a 1-year low of €63.64 and a 1-year high of €98.14. The company has a market cap of €20.72 billion and a PE ratio of 7.09. The stock has a 50 day moving average price of €73.52 and a 200 day moving average price of €77.30.
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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