Several other equities research analysts have also weighed in on the stock. UBS reaffirmed a buy rating and issued a target price on shares of Renault in a report on Thursday, September 14th. Morgan Stanley set a €75.00 ($89.29) target price on shares of Renault and gave the stock a sell rating in a report on Monday, October 9th. Kepler Capital Markets set a €120.00 ($142.86) target price on shares of Renault and gave the stock a buy rating in a report on Tuesday, September 19th. J P Morgan Chase & Co set a €91.00 ($108.33) target price on shares of Renault and gave the stock a neutral rating in a report on Wednesday, October 25th. Finally, Deutsche Bank set a €115.00 ($136.90) target price on shares of Renault and gave the stock a buy rating in a report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of €93.50 ($111.31).
Renault (EPA RNO) traded up €0.90 ($1.07) on Friday, hitting €84.41 ($100.49). 897,160 shares of the stock traded hands, compared to its average volume of 1,150,000. Renault has a fifty-two week low of €73.71 ($87.75) and a fifty-two week high of €91.30 ($108.69).
Renault SA produces, sells, and distributes vehicles worldwide. It operates through Automotive and Sales Financing segments. The company primarily offers passenger and light commercial vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers used vehicles and spare parts; and various services, including sales financing, rental, maintenance, and service contracts.
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