Renault (RNO) Given a €75.00 Price Target at Morgan Stanley

Renault (EPA:RNO) received a €75.00 ($87.21) price objective from research analysts at Morgan Stanley in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.

A number of other research firms also recently issued reports on RNO. JPMorgan Chase & Co. set a €98.00 ($113.95) price objective on shares of Renault and gave the company a “neutral” rating in a report on Tuesday, October 23rd. Kepler Capital Markets set a €110.00 ($127.91) price objective on shares of Renault and gave the company a “buy” rating in a report on Friday, October 19th. UBS Group set a €74.00 ($86.05) price objective on shares of Renault and gave the company a “neutral” rating in a report on Monday, October 15th. Commerzbank set a €74.00 ($86.05) price objective on shares of Renault and gave the company a “neutral” rating in a report on Tuesday, October 9th. Finally, Jefferies Financial Group set a €78.00 ($90.70) price objective on shares of Renault and gave the company a “neutral” rating in a report on Friday, October 5th. Twelve investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €83.91 ($97.56).

Renault has a one year low of €73.71 ($85.71) and a one year high of €100.70 ($117.09).

About Renault

Renault SA designs, manufactures, sells, and distributes vehicles worldwide. The company operates through three segments: Automotive, Sales Financing, and AVTOVAZ. It primarily offers passenger and light commercial, and electric vehicles under the Renault, Dacia, Renault Samsung Motors, Alpine, Nissan, Datsun, and LADA brands.

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Analyst Recommendations for Renault (EPA:RNO)

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