Renault (EPA:RNO) Given a €45.00 Price Target by Sanford C. Bernstein Analysts
Sanford C. Bernstein set a €45.00 ($52.33) price objective on Renault (EPA:RNO) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities research analysts have also weighed in on the stock. DZ Bank reissued a sell rating on shares of Renault in a report on Friday, October 25th. Jefferies Financial Group set a €40.00 ($46.51) target price on Renault and gave the stock a sell rating in a research note on Thursday, October 17th. Morgan Stanley set a €68.00 ($79.07) price target on Renault and gave the stock a buy rating in a research report on Friday, September 13th. Nord/LB set a €45.00 ($52.33) price target on Renault and gave the company a sell rating in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. set a €55.00 ($63.95) price target on Renault and gave the company a neutral rating in a research note on Friday, November 22nd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €59.19 ($68.82).
Shares of EPA RNO traded up €0.28 ($0.33) during midday trading on Thursday, reaching €41.82 ($48.63). The company had a trading volume of 850,552 shares, compared to its average volume of 1,290,000. The business’s 50-day simple moving average is €46.18 and its 200 day simple moving average is €51.21. 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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