Renault SA (EPA:RNO) has been assigned a €99.00 ($116.47) price objective by analysts at Citigroup Inc in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock.
Several other analysts have also recently weighed in on the stock. Deutsche Bank AG reaffirmed a “buy” rating on shares of Renault SA in a research note on Tuesday, July 11th. Sanford C. Bernstein set a €90.00 ($105.88) price objective on shares of Renault SA and gave the stock a “neutral” rating in a research note on Thursday, May 25th. Morgan Stanley set a €75.00 ($88.24) price objective on shares of Renault SA and gave the stock a “sell” rating in a research note on Wednesday, June 21st. Barclays PLC set a €110.00 ($129.41) price objective on shares of Renault SA and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Finally, UBS Group AG set a €110.00 ($129.41) price objective on shares of Renault SA and gave the stock a “buy” rating in a research note on Monday, July 10th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. Renault SA has an average rating of “Hold” and a consensus price target of €93.88 ($110.44).
Renault SA (RNO) opened at 75.38 on Wednesday. Renault SA has a 12 month low of €69.12 and a 12 month high of €90.76. The stock’s 50 day moving average price is €79.89 and its 200 day moving average price is €82.81. The firm has a market capitalization of €20.44 billion and a P/E ratio of 4.80.
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About Renault SA
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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