Renault (EPA:RNO) has been assigned a €110.00 ($135.80) price objective by equities research analysts at UBS in a note issued to investors on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS’s price target suggests a potential upside of 15.53% from the company’s previous close.
Several other equities analysts have also weighed in on the stock. Goldman Sachs set a €100.00 ($123.46) target price on shares of Renault and gave the company a “neutral” rating in a report on Wednesday, February 28th. Barclays set a €108.00 ($133.33) target price on shares of Renault and gave the company a “buy” rating in a report on Friday, February 23rd. Credit Suisse Group set a €95.00 ($117.28) target price on shares of Renault and gave the company a “sell” rating in a report on Tuesday, February 20th. Kepler Capital Markets set a €120.00 ($148.15) target price on shares of Renault and gave the company a “buy” rating in a report on Monday, February 19th. Finally, Berenberg Bank set a €82.00 ($101.23) price target on shares of Renault and gave the stock a “neutral” rating in a report on Monday, February 19th. 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. The stock has a consensus rating of “Hold” and a consensus price target of €97.17 ($119.96).
Renault (RNO) opened at €95.21 ($117.54) on Monday. The firm has a market cap of $28,160.00 and a P/E ratio of 5.10. Renault has a 1-year low of €73.71 ($91.00) and a 1-year high of €100.70 ($124.32).
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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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