Renault SA (EPA:RNO) Given a €75.00 Price Target at Morgan Stanley
Several other analysts have also recently issued reports on the stock. Goldman Sachs Group, Inc. (The) set a €93.00 ($106.90) price target on shares of Renault SA and gave the stock a neutral rating in a research report on Wednesday, July 12th. Deutsche Bank AG reissued a buy rating on shares of Renault SA in a research report on Tuesday, July 11th. J P Morgan Chase & Co set a €94.00 ($108.05) price target on shares of Renault SA and gave the stock a neutral rating in a research report on Monday, July 10th. UBS Group AG set a €110.00 ($126.44) price target on shares of Renault SA and gave the stock a buy rating in a research report on Monday, July 10th. Finally, Berenberg Bank set a €81.00 ($93.10) price target on shares of Renault SA and gave the stock a neutral rating in a research report on Thursday, June 8th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €94.27 ($108.35).
Shares of Renault SA (EPA:RNO) opened at 83.02 on Tuesday. Renault SA has a 12-month low of €69.12 and a 12-month high of €90.76. The company has a market cap of €24.16 billion and a price-to-earnings ratio of 6.66. The stock has a 50 day moving average of €84.20 and a 200 day moving average of €83.92.
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About Renault SA
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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