Deutsche Bank set a €60.00 ($69.77) target price on Renault (EPA:RNO) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts have also issued research reports about the stock. Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Renault and gave the company a sell rating in a research note on Thursday, October 17th. Credit Suisse Group set a €59.00 ($68.60) price objective on shares of Renault and gave the company a neutral rating in a report on Thursday, October 17th. Kepler Capital Markets set a €70.00 ($81.40) price objective on shares of Renault and gave the company a buy rating in a report on Friday, June 28th. Morgan Stanley set a €68.00 ($79.07) price objective on shares of Renault and gave the company a buy rating in a report on Friday, September 13th. Finally, Barclays set a €75.00 ($87.21) price objective on shares of Renault and gave the company a neutral rating in a report on Friday, July 26th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €64.39 ($74.87).
Shares of RNO opened at €49.09 ($57.08) on Friday. Renault has a twelve month low of €73.71 ($85.71) and a twelve month high of €100.70 ($117.09). The firm has a 50 day moving average of €53.21.
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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