Renault SA (EPA:RNO) received a €95.00 ($105.56) price target from research analysts at HSBC in a research report issued to clients and investors on Friday. The brokerage currently has a a “buy” rating on the stock.
Other equities research analysts have also recently issued research reports about the company. Barclays PLC set a €80.00 ($88.89) target price on Renault SA and gave the stock a “neutral” rating in a research note on Friday. BNP Paribas set a €71.00 ($78.89) price target on Renault SA and gave the stock a “neutral” rating in a research report on Monday, July 11th. Commerzbank AG set a €95.00 ($105.56) price target on Renault SA and gave the stock a “neutral” rating in a research report on Thursday, July 28th. Jefferies Group set a €65.00 ($72.22) price target on Renault SA and gave the stock a “sell” rating in a research report on Tuesday, August 9th. Finally, S&P Global Inc. set a €86.00 ($95.56) price target on Renault SA and gave the stock a “buy” rating in a research report on Thursday, July 28th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of €89.18 ($99.09).
Renault SA (EPA:RNO) opened at 76.39 on Friday. Renault SA has a 12 month low of €63.64 and a 12 month high of €98.14. The firm has a market capitalization of €20.81 billion and a price-to-earnings ratio of 7.12. The company’s 50-day moving average price is €73.34 and its 200 day moving average price is €77.50.
About Renault SA
Renault SA is a France-based company primarily engaged in the manufacture of automobiles and the provision of related services. The Company 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 Company’s sales activities, and is comprised of RCI Banque and its subsidiaries.
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