Morgan Stanley Analysts Give Renault (EPA:RNO) a €68.00 Price Target

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Morgan Stanley set a €68.00 ($79.07) target price on Renault (EPA:RNO) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also commented on RNO. Goldman Sachs Group set a €59.00 ($68.60) price objective on Renault and gave the stock a neutral rating in a report on Tuesday, July 16th. Sanford C. Bernstein set a €55.00 ($63.95) price objective on Renault and gave the stock a neutral rating in a report on Tuesday, August 27th. JPMorgan Chase & Co. set a €69.00 ($80.23) price objective on Renault and gave the stock a neutral rating in a report on Tuesday, September 10th. Deutsche Bank set a €75.00 ($87.21) price objective on Renault and gave the stock a buy rating in a report on Tuesday, July 30th. Finally, Jefferies Financial Group set a €74.00 ($86.05) price objective on Renault and gave the stock a buy rating in a report on Tuesday, July 2nd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of €68.01 ($79.08).

Shares of RNO opened at €58.00 ($67.44) on Friday. The business’s 50 day moving average is €51.22. Renault has a 52 week low of €73.71 ($85.71) and a 52 week high of €100.70 ($117.09).

Renault Company Profile

Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.

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Analyst Recommendations for Renault (EPA:RNO)

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