Goldman Sachs Group Analysts Give Renault (EPA:RNO) a €59.00 Price Target
Goldman Sachs Group set a €59.00 ($68.60) price target on Renault (EPA:RNO) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also issued reports on the stock. Jefferies Financial Group reissued a buy rating on shares of Extended Stay America in a research note on Tuesday, July 2nd. Credit Suisse Group increased their target price on shares of Beyond Meat from $70.00 to $125.00 in a research note on Friday, June 7th. Royal Bank of Canada reissued an average rating and set a $48.00 target price on shares of in a research note on Monday, June 10th. Bank of America set a €155.00 ($180.23) target price on shares of Continental and gave the stock a buy rating in a research note on Tuesday, May 14th. Finally, Kepler Capital Markets reissued a hold rating on shares of Continental in a research note on Friday, June 28th. One 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. The stock currently has a consensus rating of Hold and a consensus price target of €69.82 ($81.18).
RNO stock opened at €51.38 ($59.74) on Tuesday. The stock’s 50-day moving average price is €54.35. 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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