Renault (EPA:RNO) has been given a €74.00 ($86.05) target price by analysts at HSBC in a report released on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
Several other equities analysts have also issued reports on RNO. Deutsche Bank set a €115.00 ($133.72) price target on Renault and gave the company a “buy” rating in a research note on Thursday, January 3rd. JPMorgan Chase & Co. set a €74.00 ($86.05) price target on Renault and gave the company a “neutral” rating in a research note on Monday, January 7th. Kepler Capital Markets set a €85.00 ($98.84) price target on Renault and gave the company a “buy” rating in a research note on Friday, January 11th. Barclays set a €80.00 ($93.02) target price on Renault and gave the stock a “neutral” rating in a research report on Tuesday, January 15th. Finally, UBS Group set a €58.00 ($67.44) target price on Renault and gave the stock a “neutral” rating in a research report on Thursday, January 24th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €78.29 ($91.03).
Renault has a 12 month low of €73.71 ($85.71) and a 12 month 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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