RENAULT S A/ADR (OTCMKTS:RNLSY) Downgraded by Zacks Investment Research

RENAULT S A/ADR (OTCMKTS:RNLSY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Renault SA designs, manufactures, markets and repairs vehicles. It primarily offers passenger cars and light commercial vehicles; electric vehicles; sports vehicles and power train components. The company’s brand name consists of Renault, Dacia and Renault Samsung Motors. Renault SA is headquartered in Boulogne-Billancourt, France. “

Other analysts have also issued reports about the company. Societe Generale reaffirmed a “hold” rating on shares of RENAULT S A/ADR in a research report on Tuesday, June 2nd. Morgan Stanley reissued an “overweight” rating on shares of RENAULT S A/ADR in a report on Friday, May 15th. Goldman Sachs Group raised RENAULT S A/ADR from a “neutral” rating to a “buy” rating in a report on Tuesday, June 2nd. Deutsche Bank reiterated a “hold” rating on shares of RENAULT S A/ADR in a research report on Friday, April 24th. They noted that the move was a valuation call. Finally, Royal Bank of Canada downgraded RENAULT S A/ADR from an “outperform” rating to a “sector perform” rating in a research report on Thursday, June 4th. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $12.00.

Shares of RENAULT S A/ADR stock opened at $4.92 on Tuesday. The business’s fifty day moving average price is $4.54 and its 200 day moving average price is $5.91. The stock has a market capitalization of $6.89 billion, a P/E ratio of -41.00 and a beta of 1.49. RENAULT S A/ADR has a twelve month low of $2.90 and a twelve month high of $12.80.

About RENAULT S A/ADR

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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Analyst Recommendations for RENAULT S A/ADR (OTCMKTS:RNLSY)

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