Renault (EPA:RNO) has been given a €108.00 ($133.33) target price by analysts at Barclays in a report released on Friday. The firm currently has a “buy” rating on the stock. Barclays’ price objective would suggest a potential upside of 23.02% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the company. Deutsche Bank set a €115.00 ($141.98) price objective on Renault and gave the stock a “buy” rating in a report on Wednesday, December 27th. UBS Group set a €100.00 ($123.46) price objective on Renault and gave the stock a “buy” rating in a report on Friday, November 3rd. Kepler Capital Markets set a €120.00 ($148.15) price objective on Renault and gave the stock a “buy” rating in a report on Wednesday, December 6th. Goldman Sachs Group set a €96.00 ($118.52) price objective on Renault and gave the stock a “neutral” rating in a report on Friday, December 8th. Finally, Morgan Stanley set a €77.00 ($95.06) price target on Renault and gave the company a “sell” rating in a research note on Tuesday, November 21st. 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 stock. The company presently has a consensus rating of “Hold” and a consensus target price of €96.94 ($119.68).
Shares of Renault (EPA:RNO) opened at €87.79 ($108.38) on Friday. Renault has a 1-year low of €73.71 ($91.00) and a 1-year high of €91.97 ($113.54). The stock has a market capitalization of $25,960.00 and a P/E ratio of 4.70.
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Renault Company Profile
Renault SA is a France based company primarily engaged in the manufacture of automobiles and the provision of related services. It is structured into two segments: the Automobile division, which handles the design, manufacture and marketing of passenger cars and light commercial vehicles, under Renault, Renault Samsung Motors and Dacia brands, and the Sales Financing division, which provides financial and commercial services related to the sales activities, and is comprised of RCI Banque and its subsidiaries.
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