Renault SA (RNO) Given Consensus Rating of “Hold” by Brokerages
Shares of Renault SA (EPA:RNO) have been given a consensus recommendation of “Hold” by the sixteen ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is €92.47 ($108.78).
A number of equities research analysts recently weighed in on RNO shares. Sanford C. Bernstein set a €90.00 ($105.88) price target on shares of Renault SA and gave the company a “neutral” rating in a research report on Thursday, May 25th. UBS AG set a €110.00 ($129.41) price target on shares of Renault SA and gave the company a “buy” rating in a research report on Monday, July 10th. J P Morgan Chase & Co set a €94.00 ($110.59) price target on shares of Renault SA and gave the company a “neutral” rating in a research report on Monday, July 10th. Barclays PLC set a €110.00 ($129.41) price target on shares of Renault SA and gave the company a “buy” rating in a research report on Saturday, May 20th. Finally, Morgan Stanley set a €75.00 ($88.24) price target on shares of Renault SA and gave the company a “sell” rating in a research report on Wednesday, June 21st.
Renault SA (EPA RNO) opened at 76.21 on Tuesday. Renault SA has a 52-week low of €69.12 and a 52-week high of €90.76. The company has a 50 day moving average price of €79.55 and a 200 day moving average price of €82.61. The firm has a market capitalization of €20.67 billion and a P/E ratio of 4.86.
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Renault SA Company Profile
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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