Renault SA (EPA:RNO) PT Set at €99.00 by Citigroup Inc.
Renault SA (EPA:RNO) received a €99.00 ($116.47) price target from Citigroup Inc. in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock.
Several other equities analysts have also recently weighed in on the stock. Deutsche Bank AG reaffirmed a “buy” rating on shares of Renault SA in a research report on Tuesday, July 11th. Sanford C. Bernstein set a €90.00 ($105.88) target price on shares of Renault SA and gave the stock a “neutral” rating in a research report on Thursday, May 25th. Morgan Stanley set a €75.00 ($88.24) target price on shares of Renault SA and gave the stock a “sell” rating in a research report on Wednesday, June 21st. Barclays PLC set a €110.00 ($129.41) target price on shares of Renault SA and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Finally, UBS AG set a €110.00 ($129.41) target price on shares of Renault SA and gave the stock a “buy” rating in a research report on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. Renault SA has an average rating of “Hold” and an average price target of €93.88 ($110.44).
Shares of Renault SA (RNO) traded down 0.99% during mid-day trading on Wednesday, hitting €75.33. The stock had a trading volume of 350,416 shares. The company has a market cap of €20.43 billion and a P/E ratio of 4.80. Renault SA has a 1-year low of €69.12 and a 1-year high of €90.76. The firm’s 50 day moving average price is €80.26 and its 200 day moving average price is €82.93.
About Renault SA
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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