Renault (OTCMKTS:RNLSY – Get Free Report)’s stock price reached a new 52-week low during trading on Friday. The stock traded as low as $5.57 and last traded at $5.58, with a volume of 16034 shares trading hands. The stock had previously closed at $5.70.
Analysts Set New Price Targets
Separately, Barclays downgraded Renault from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.
Read Our Latest Research Report on Renault
Renault Trading Down 2.0%
About Renault
Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.
Recommended Stories
- Five stocks we like better than Renault
- Target’s Holiday Blitz: Slashing Prices to Capture Market Share
- NIO Inc.’s Geely Deal Is Really a Bet on Battery-Swap Network Utilization
- Remitly’s September Pullback Tests a Still-Strong Growth Story
- Saddle Up: Texas Stock Exchange Ropes In $80 Billion in Listings
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.
