JPMorgan Chase & Co. set a €74.00 ($86.05) target price on Renault (EPA:RNO) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts also recently issued reports about the company. Jefferies Financial Group set a €78.00 ($90.70) target price on Renault and gave the stock a buy rating in a report on Friday, February 15th. Deutsche Bank set a €115.00 ($133.72) price objective on Renault and gave the stock a buy rating in a research report on Friday, April 12th. HSBC set a €74.00 ($86.05) price objective on Renault and gave the stock a buy rating in a research report on Wednesday, April 10th. Kepler Capital Markets set a €75.00 ($87.21) price objective on Renault and gave the stock a buy rating in a research report on Wednesday, May 15th. Finally, UBS Group set a €58.00 ($67.44) price objective on Renault and gave the stock a neutral rating in a research report on Monday, April 15th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €77.01 ($89.55).
Shares of RNO opened at €56.85 ($66.10) on Monday. Renault has a 12 month low of €73.71 ($85.71) and a 12 month high of €100.70 ($117.09).
Renault Company Profile
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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