Renault (OTCMKTS:RNLSY – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $5.74, but opened at $5.9050. Renault shares last traded at $5.90, with a volume of 11,463 shares traded.
Analysts Set New Price Targets
Separately, Barclays cut Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.
Check Out Our Latest Stock Report on RNLSY
Renault Stock Down 1.7%
Renault Company Profile
Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.
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