Brokerages Set Renault SA (EPA:RNO) Target Price at $74.33

Renault SA (EPA:RNO) has been given a consensus recommendation of “Hold” by the twenty-one brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is €74.33 ($86.43).

Several equities analysts have weighed in on the company. Deutsche Bank set a €115.00 ($133.72) price objective on Renault and gave the company a “buy” rating in a report on Monday, April 29th. UBS Group set a €58.00 ($67.44) price target on Renault and gave the stock a “neutral” rating in a report on Friday, April 26th. Kepler Capital Markets set a €75.00 ($87.21) price target on Renault and gave the stock a “buy” rating in a report on Wednesday, May 15th. Jefferies Financial Group set a €74.00 ($86.05) price target on Renault and gave the stock a “buy” rating in a report on Thursday, June 6th. Finally, Nord/LB set a €50.00 ($58.14) price target on Renault and gave the stock a “sell” rating in a report on Thursday, June 6th.

EPA RNO traded up €0.04 ($0.05) during midday trading on Friday, hitting €54.50 ($63.37). The company had a trading volume of 1,096,955 shares, compared to its average volume of 1,290,000. The business has a 50-day moving average of €54.31. Renault has a twelve month low of €73.71 ($85.71) and a twelve month high of €100.70 ($117.09).

About Renault

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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Analyst Recommendations for Renault (EPA:RNO)

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