Renault (EPA:RNO) has been given a €120.00 ($148.15) price target by research analysts at Kepler Capital Markets in a research note issued to investors on Monday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 38.09% from the company’s current price.
A number of other equities analysts have also weighed in on the company. Deutsche Bank set a €115.00 ($141.98) price objective on Renault and gave the stock a “buy” rating in a research note on Wednesday, December 27th. UBS Group set a €100.00 ($123.46) price objective on Renault and gave the stock a “buy” rating in a research note on Friday, November 3rd. Goldman Sachs Group set a €96.00 ($118.52) price target on Renault and gave the company a “neutral” rating in a research note on Friday, December 8th. Morgan Stanley set a €77.00 ($95.06) price target on Renault and gave the company a “sell” rating in a research note on Tuesday, November 21st. Finally, HSBC set a €93.00 ($114.81) price target on Renault and gave the company a “neutral” rating in a research note on Thursday, December 14th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €96.00 ($118.52).
Renault (EPA RNO) opened at €86.90 ($107.28) on Monday. The firm has a market capitalization of $25,700.00 and a PE ratio of 4.65. Renault has a one year low of €73.71 ($91.00) and a one year high of €91.97 ($113.54).
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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