Renault (EPA:RNO) has been assigned a €70.00 ($81.40) price objective by Kepler Capital Markets in a research note issued on Friday, June 28th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price points to a potential upside of 37.09% from the company’s current price.
RNO has been the subject of a number of other research reports. Nord/LB set a €50.00 ($58.14) price objective on Renault and gave the stock a “sell” rating in a research report on Thursday, June 6th. Sanford C. Bernstein set a €90.00 ($104.65) price target on Renault and gave the stock a “neutral” rating in a research report on Thursday, June 6th. Jefferies Financial Group set a $32.00 price objective on Baker Hughes A GE and gave the company a “buy” rating in a report on Thursday, June 6th. Credit Suisse Group upped their price objective on Beyond Meat from $70.00 to $125.00 in a report on Friday, June 7th. Finally, Barclays set a GBX 6,800 ($88.85) target price on AstraZeneca and gave the company a “buy” rating in a report on Friday, March 29th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €69.82 ($81.18).
Shares of EPA:RNO traded down €0.32 ($0.37) on Friday, reaching €51.06 ($59.37). The company had a trading volume of 898,794 shares, compared to its average volume of 1,290,000. Renault has a 52-week low of €73.71 ($85.71) and a 52-week high of €100.70 ($117.09). The business has a 50 day moving average of €54.24.
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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