Renault (EPA:RNO) has been assigned a €95.00 ($110.47) target price by research analysts at Oddo Bhf in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Oddo Bhf’s price objective would suggest a potential upside of 67.11% from the stock’s current price.
Several other brokerages have also issued reports on RNO. JPMorgan Chase & Co. set a €74.00 ($86.05) price objective on Renault and gave the company a “neutral” rating in a research report on Monday, April 8th. Sanford C. Bernstein set a €90.00 ($104.65) price objective on Renault and gave the company a “neutral” rating in a research report on Thursday, February 14th. Bank of America set a €69.00 ($80.23) price objective on Renault and gave the company a “neutral” rating in a research report on Tuesday, May 14th. Kepler Capital Markets set a €75.00 ($87.21) price objective on Renault and gave the company a “buy” rating in a research report on Wednesday, May 15th. Finally, Nord/LB set a €50.00 ($58.14) price target on Renault and gave the stock a “sell” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of €77.01 ($89.55).
Shares of RNO opened at €56.85 ($66.10) on Tuesday. Renault has a 52-week low of €73.71 ($85.71) and a 52-week high of €100.70 ($117.09).
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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