A number of other brokerages also recently issued reports on RNO. Deutsche Bank restated a buy rating on shares of Renault in a report on Tuesday, January 23rd. UBS Group set a €100.00 ($123.46) target price on shares of Renault and gave the company a buy rating in a report on Tuesday, January 23rd. BNP Paribas set a €99.00 ($122.22) price target on shares of Renault and gave the company a buy rating in a research report on Friday, January 19th. Goldman Sachs Group set a €88.00 ($108.64) price target on shares of Renault and gave the company a neutral rating in a research report on Monday, November 6th. Finally, Morgan Stanley set a €88.00 ($108.64) price objective on shares of Renault and gave the stock a sell rating in a research report on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €97.17 ($119.96).
Renault (EPA:RNO) traded up €0.33 ($0.41) during mid-day trading on Tuesday, reaching €94.56 ($116.74). 692,333 shares of the company’s stock were exchanged, compared to its average volume of 1,300,000. The firm has a market cap of $27,960.00 and a P/E ratio of 5.06. Renault has a 12 month low of €73.71 ($91.00) and a 12 month high of €100.70 ($124.32).
Renault Company Profile
Renault SA is a France based company primarily engaged in the manufacture of automobiles and the provision of related services. It is structured into two segments: the Automobile division, which handles the design, manufacture and marketing of passenger cars and light commercial vehicles, under Renault, Renault Samsung Motors and Dacia brands, and the Sales Financing division, which provides financial and commercial services related to the sales activities, and is comprised of RCI Banque and its subsidiaries.
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