Shares of Renault (OTCMKTS:RNLSY – Get Free Report) have received a consensus recommendation of “Reduce” from the seven brokerages that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company.
Separately, Barclays downgraded shares of Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st.
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Renault Stock Up 2.0%
RNLSY opened at $6.08 on Friday. Renault has a 52 week low of $5.49 and a 52 week high of $8.79. The business’s fifty day simple moving average is $6.33 and its 200 day simple moving average is $6.43.
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.
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