UBS Group set a €16.00 ($18.60) price target on Renault (EPA:RNO) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other analysts have also commented on RNO. Goldman Sachs Group set a €19.00 ($22.09) price objective on Renault and gave the stock a neutral rating in a report on Wednesday, March 18th. Royal Bank of Canada set a €22.00 ($25.58) price objective on Renault and gave the stock a buy rating in a report on Monday, March 16th. Jefferies Financial Group set a €28.00 ($32.56) price objective on Renault and gave the stock a sell rating in a report on Wednesday, February 19th. Kepler Capital Markets set a €60.00 ($69.77) price objective on Renault and gave the stock a neutral rating in a report on Friday, January 10th. Finally, Barclays set a €45.00 ($52.33) price objective on Renault and gave the stock a neutral rating in a report on Friday, February 14th. Three 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. The stock presently has a consensus rating of Hold and a consensus target price of €42.87 ($49.84).
Shares of RNO opened at €19.37 ($22.52) on Tuesday. Renault has a one year low of €73.71 ($85.71) and a one year high of €100.70 ($117.09). The business has a fifty day moving average of €25.85 and a 200 day moving average of €40.99.
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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