Renault (RNO) Given a €74.00 Price Target at UBS Group
UBS Group set a €74.00 ($86.05) target price on Renault (EPA:RNO) in a research note issued to investors on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also recently issued reports about the company. Societe Generale set a €97.00 ($112.79) target price on Renault and gave the stock a buy rating in a report on Monday, July 30th. Deutsche Bank set a €115.00 ($133.72) price objective on Renault and gave the stock a buy rating in a research note on Monday, July 30th. Cfra set a €85.00 ($98.84) price objective on Renault and gave the stock a buy rating in a research note on Monday, July 30th. Kepler Capital Markets set a €120.00 ($139.53) price objective on Renault and gave the stock a buy rating in a research note on Friday, July 27th. Finally, Morgan Stanley set a €88.00 ($102.33) price objective on Renault and gave the stock a buy rating in a research note on Friday, August 10th. Thirteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €84.59 ($98.36).
Shares of RNO stock opened at €95.21 ($110.71) on Monday. Renault has a 12-month low of €73.71 ($85.71) and a 12-month 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.
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