Goldman Sachs Group set a €57.00 ($66.28) price target on Renault (EPA:RNO) in a research note released on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
RNO has been the subject of a number of other reports. Credit Suisse Group set a €59.00 ($68.60) price objective on Renault and gave the company a neutral rating in a report on Thursday. Deutsche Bank set a €60.00 ($69.77) price objective on Renault and gave the company a neutral rating in a report on Friday. Morgan Stanley set a €68.00 ($79.07) price objective on Renault and gave the company a buy rating in a report on Friday, September 13th. Royal Bank of Canada set a €70.00 ($81.40) price objective on Renault and gave the company a buy rating in a report on Wednesday. Finally, Nord/LB set a €45.00 ($52.33) price objective on Renault and gave the company a sell rating in a report on Friday. 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. The stock currently has an average rating of Hold and a consensus price target of €64.39 ($74.87).
Shares of EPA:RNO traded down €6.30 ($7.33) during trading on Friday, hitting €48.56 ($56.47). 7,155,015 shares of the company were exchanged, compared to its average volume of 1,290,000. Renault has a 1-year low of €73.71 ($85.71) and a 1-year high of €100.70 ($117.09). The stock has a 50 day simple moving average of €53.32.
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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