Renault (RNO) Given a €93.00 Price Target at HSBC
Several other analysts have also recently commented on RNO. Deutsche Bank set a €115.00 ($136.90) price target on Renault and gave the company a buy rating in a report on Wednesday, October 4th. Goldman Sachs Group set a €96.00 ($114.29) price target on Renault and gave the company a neutral rating in a report on Friday, December 8th. Sanford C. Bernstein set a €90.00 ($107.14) price target on Renault and gave the company a neutral rating in a report on Friday, October 6th. Kepler Capital Markets set a €120.00 ($142.86) price target on Renault and gave the company a buy rating in a report on Wednesday, December 6th. Finally, Credit Suisse Group set a €88.00 ($104.76) price target on Renault and gave the company a sell rating in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. Renault presently has a consensus rating of Hold and a consensus price target of €93.47 ($111.28).
Renault (EPA RNO) traded down €1.47 ($1.75) during midday trading on Thursday, reaching €83.58 ($99.50). The company’s stock had a trading volume of 551,308 shares, compared to its average volume of 1,150,000. Renault has a one year low of €73.71 ($87.75) and a one year high of €91.30 ($108.69).
Renault SA produces, sells, and distributes vehicles worldwide. It operates through Automotive and Sales Financing segments. The company primarily offers passenger and light commercial vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers used vehicles and spare parts; and various services, including sales financing, rental, maintenance, and service contracts.
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