Renault (EPA:RNO) has been assigned a €15.00 ($17.44) price objective by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 22.55% from the stock’s current price.
Several other equities analysts also recently issued reports on RNO. Goldman Sachs Group set a €19.00 ($22.09) target price on Renault and gave the company a “neutral” rating in a research report on Wednesday, March 18th. UBS Group set a €16.00 ($18.60) target price on Renault and gave the company a “neutral” rating in a research report on Tuesday. JPMorgan Chase & Co. set a €30.00 ($34.88) target price on Renault and gave the company a “buy” rating in a research report on Monday. Barclays set a €45.00 ($52.33) target price on Renault and gave the company a “neutral” rating in a research report on Friday, February 14th. Finally, Royal Bank of Canada set a €22.00 ($25.58) target price on Renault and gave the company a “buy” rating in a research report on Monday, March 16th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. Renault has a consensus rating of “Hold” and an average target price of €42.87 ($49.84).
EPA RNO opened at €19.37 ($22.52) on Wednesday. The stock’s fifty day moving average price is €25.85 and its 200 day moving average price is €40.99. Renault has a 1 year low of €73.71 ($85.71) and a 1 year 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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