Renault (RNO) Given a €69.00 Price Target at Commerzbank
Renault (EPA:RNO) has been given a €69.00 ($80.23) price objective by Commerzbank in a note issued to investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Commerzbank’s price objective points to a potential downside of 27.53% from the company’s previous close.
Other research analysts also recently issued reports about the stock. UBS Group set a €105.00 ($122.09) price objective on shares of Renault and gave the stock a “buy” rating in a research report on Monday, July 30th. Societe Generale set a €97.00 ($112.79) target price on shares of Renault and gave the company a “buy” rating in a report on Monday, July 30th. Deutsche Bank set a €115.00 ($133.72) target price on shares of Renault and gave the company a “buy” rating in a report on Monday, July 30th. Cfra set a €85.00 ($98.84) target price on shares of Renault and gave the company a “buy” rating in a report on Monday, July 30th. Finally, Kepler Capital Markets set a €120.00 ($139.53) target price on shares of Renault and gave the company a “buy” rating in a report on Friday, July 27th. Thirteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €84.59 ($98.36).
Shares of Renault stock opened at €95.21 ($110.71) on Tuesday. Renault has a 1 year low of €73.71 ($85.71) and a 1 year high of €100.70 ($117.09).
Renault SA designs, manufactures, sells, and distributes vehicles worldwide. The company operates through three segments: Automotive, Sales Financing, and AVTOVAZ. It primarily offers passenger and light commercial, and electric vehicles under the Renault, Dacia, Renault Samsung Motors, Alpine, Nissan, Datsun, and LADA brands.
See Also: How to calculate compound interest
Receive News & Ratings for Renault Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renault and related companies with MarketBeat.com's FREE daily email newsletter.