UBS Group set a €54.00 ($63.53) target price on Renault (EPA:RNO) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft set a €40.00 ($47.06) price objective on Renault and gave the stock a neutral rating in a research note on Monday, March 8th. Royal Bank of Canada set a €26.00 ($30.59) price objective on Renault and gave the stock a neutral rating in a research note on Wednesday, March 3rd. The Goldman Sachs Group set a €41.00 ($48.24) target price on Renault and gave the company a neutral rating in a report on Tuesday. Berenberg Bank set a €11.00 ($12.94) target price on Renault and gave the company a buy rating in a report on Thursday, February 4th. Finally, Barclays set a €35.00 ($41.18) target price on Renault and gave the company a sell rating in a report on Friday, March 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. Renault has a consensus rating of Hold and a consensus target price of €39.08 ($45.98).
Renault stock opened at €35.32 ($41.55) on Thursday. The stock’s fifty day moving average price is €37.89 and its two-hundred day moving average price is €33.27. Renault has a one year low of €73.71 ($86.72) and a one year high of €100.70 ($118.47).
Renault SA designs, manufactures, sells, and distributes vehicles in France and internationally. The company operates through Automotive, AVTOVAZ, Sales Financing, and Mobility Services 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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