Renault (RNO) PT Set at €58.00 by UBS Group

UBS Group set a €58.00 ($67.44) target price on Renault (EPA:RNO) in a report issued on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently issued reports on RNO. JPMorgan Chase & Co. set a €74.00 ($86.05) price target on shares of 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 target on shares of 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 target on shares of 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 target on shares of Renault and gave the company a buy rating in a research report on Wednesday, May 15th. Finally, HSBC set a €74.00 ($86.05) price target on shares of Renault and gave the company a buy rating in a research report on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €77.01 ($89.55).

Shares of EPA RNO opened at €56.49 ($65.69) on Monday. Renault has a 52-week low of €73.71 ($85.71) and a 52-week high of €100.70 ($117.09).

About Renault

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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