BNP Paribas Reiterates “€99.00” Price Target for Renault (RNO)
Renault (EPA:RNO) has been given a €99.00 ($117.86) price objective by equities research analysts at BNP Paribas in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. BNP Paribas’ price target indicates a potential upside of 9.65% from the company’s current price.
Several other research analysts also recently issued reports on the company. Deutsche Bank set a €115.00 ($136.90) price target on Renault and gave the stock a “buy” rating in a research note on Wednesday, December 27th. UBS Group set a €100.00 ($119.05) price target on Renault and gave the stock a “buy” rating in a research note on Friday, November 3rd. Morgan Stanley set a €75.00 ($89.29) price target on Renault and gave the stock a “sell” rating in a research note on Monday, October 9th. Kepler Capital Markets set a €120.00 ($142.86) price target on Renault and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Finally, Goldman Sachs Group set a €96.00 ($114.29) price target on Renault and gave the stock a “neutral” rating in a research note on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €94.56 ($112.57).
Renault (EPA:RNO) opened at €90.29 ($107.49) on Friday. The stock has a market capitalization of $26,700.00 and a price-to-earnings ratio of 5.75. Renault has a one year low of €73.71 ($87.75) and a one year high of €91.30 ($108.69).
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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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