Sanford C. Bernstein set a €55.00 ($63.95) price target on Renault (EPA:RNO) in a report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts also recently issued reports on the company. Goldman Sachs Group set a €57.00 ($66.28) price target on Renault and gave the stock a neutral rating in a research report on Wednesday, September 18th. Morgan Stanley set a €68.00 ($79.07) target price on Renault and gave the stock a buy rating in a research report on Friday, September 13th. Kepler Capital Markets set a €70.00 ($81.40) target price on Renault and gave the stock a buy rating in a research report on Friday, June 28th. Credit Suisse Group set a €59.00 ($68.60) target price on Renault and gave the stock a neutral rating in a research report on Friday, October 11th. Finally, Jefferies Financial Group set a €74.00 ($86.05) target price on Renault and gave the stock a buy rating in a research report on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Renault has an average rating of Hold and an average target price of €64.39 ($74.87).
Shares of RNO opened at €48.56 ($56.47) on Thursday. The stock has a fifty day moving average of €53.32. Renault has a 52-week low of €73.71 ($85.71) and a 52-week high of €100.70 ($117.09).
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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