Renault SA (EPA: RNO)‘s stock had its “reduce” rating reiterated by stock analysts at AlphaValue in a report issued on Thursday, Analyst Ratings.Net reports. They currently have a €55.80 ($72.47) price objective on the stock.
Shares of Renault SA (EPA: RNO) traded down 0.30% during mid-day trading on Thursday, hitting €55.79. Renault SA has a one year low of €29.01 and a one year high of €63.67. The stock’s 50-day moving average is currently €37.88. The company has a market cap of €15.190 billion and a P/E ratio of 8.61.
A number of other analysts have also recently weighed in on RNO. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Renault SA in a research note to investors on Wednesday, May 29th. Separately, analysts at Natixis reiterated a “buy” rating on shares of Renault SA in a research note to investors on Tuesday, May 21st. They now have a €72.00 ($93.51) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Renault SA in a research note to investors on Tuesday, May 14th. They now have a €57.00 ($74.03) price target on the stock.
Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of €54.22 ($70.42).
Renault SA is a France-based company primarily engaged in the manufacture of automobiles and the provision of related services.
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