Morgan Stanley Analysts Give Renault (RNO) a €75.00 Price Target
Renault (EPA:RNO) has been given a €75.00 ($87.21) price objective by stock analysts at Morgan Stanley in a research note issued on Thursday. The firm presently has a “buy” rating on the stock.
Several other analysts have also weighed in on RNO. Berenberg Bank set a €76.00 ($88.37) price objective on shares of Renault and gave the stock a “neutral” rating in a report on Tuesday, August 21st. Commerzbank set a €76.00 ($88.37) price objective on shares of Renault and gave the stock a “neutral” rating in a report on Wednesday, August 22nd. UBS Group set a €105.00 ($122.09) price objective on shares of Renault and gave the stock a “buy” rating in a report on Friday, August 24th. Credit Suisse Group set a €81.00 ($94.19) price objective on shares of Renault and gave the stock a “neutral” rating in a report on Tuesday, August 28th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Renault in a report on Tuesday, August 28th. Twelve research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Renault presently has an average rating of “Hold” and an average target price of €83.91 ($97.56).
Renault has a fifty-two week low of €73.71 ($85.71) and a fifty-two week 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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