Shares of Renault (OTCMKTS:RNLSY – Get Free Report) have earned a consensus recommendation of “Reduce” from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company.
Separately, Barclays cut Renault from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st.
Get Our Latest Analysis on Renault
Renault Price Performance
Shares of RNLSY stock opened at $5.96 on Friday. Renault has a 52-week low of $5.49 and a 52-week high of $8.79. The business has a 50-day simple moving average of $6.34 and a 200-day simple moving average of $6.43.
About Renault
Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.
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