Renault (EPA:RNO) has been assigned a €96.00 ($118.52) price target by Goldman Sachs Group in a report released on Friday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective indicates a potential upside of 9.34% from the stock’s current price.
Several other equities research analysts have also recently commented on the company. Deutsche Bank set a €115.00 ($141.98) target price on Renault and gave the stock a “buy” rating in a report on Wednesday, December 27th. UBS Group set a €100.00 ($123.46) target price on Renault and gave the stock a “buy” rating in a report on Friday, November 3rd. Kepler Capital Markets set a €120.00 ($148.15) target price on Renault and gave the stock a “buy” rating in a report on Wednesday, December 6th. HSBC set a €93.00 ($114.81) target price on Renault and gave the stock a “neutral” rating in a report on Thursday, December 14th. Finally, Morgan Stanley set a €77.00 ($95.06) target price on Renault and gave the stock a “sell” rating in a report on Tuesday, November 21st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €95.00 ($117.28).
Shares of Renault (RNO) opened at €87.80 ($108.40) on Friday. Renault has a twelve month low of €73.71 ($91.00) and a twelve month high of €91.97 ($113.54). The company has a market capitalization of $25,960.00 and a P/E ratio of 5.59.
Renault Company Profile
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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