Royal Bank of Canada set a €76.00 ($88.37) price target on Renault (EPA:RNO) in a report published on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms have also weighed in on RNO. Nord/LB set a €50.00 ($58.14) target price on Renault and gave the stock a sell rating in a research note on Thursday, June 6th. Bank of America set a €155.00 ($180.23) target price on Continental and gave the stock a buy rating in a research note on Tuesday, May 14th. JPMorgan Chase & Co. increased their target price on from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the stock an overweight rating in a research note on Wednesday, July 3rd. UBS Group set a $170.00 target price on United Rentals and gave the stock a buy rating in a research note on Friday, June 28th. Finally, Jefferies Financial Group reiterated a buy rating on shares of Extended Stay America in a research note on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company. Renault currently has a consensus rating of Hold and a consensus target price of €69.82 ($81.18).
Shares of RNO opened at €51.06 ($59.37) on Wednesday. The stock has a fifty day moving average of €54.24. 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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