Renault SA (RNO) PT Set at €91.00 by J P Morgan Chase & Co
Renault SA (EPA:RNO) received a €91.00 ($108.33) price target from equities research analysts at J P Morgan Chase & Co in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock.
A number of other equities analysts have also issued reports on RNO. Barclays PLC set a €110.00 ($130.95) price target on Renault SA and gave the stock a “buy” rating in a report on Saturday, May 20th. Sanford C. Bernstein set a €90.00 ($107.14) price target on Renault SA and gave the stock a “neutral” rating in a report on Thursday, May 25th. Berenberg Bank set a €81.00 ($96.43) price target on Renault SA and gave the stock a “neutral” rating in a report on Thursday, June 8th. Morgan Stanley set a €75.00 ($89.29) price target on Renault SA and gave the stock a “sell” rating in a report on Wednesday, June 21st. Finally, Deutsche Bank AG set a €115.00 ($136.90) price target on Renault SA and gave the stock a “buy” rating in a report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €92.81 ($110.49).
Renault SA (EPA RNO) opened at 80.25 on Thursday. Renault SA has a one year low of €70.02 and a one year high of €90.76. The stock has a 50 day moving average price of €76.21 and a 200 day moving average price of €81.11. The firm has a market cap of €21.77 billion and a PE ratio of 5.12.
About Renault SA
Renault SA is a France based company primarily engaged in the manufacture of automobiles and the provision of related services. It is structured into two segments: the Automobile division, which handles the design, manufacture and marketing of passenger cars and light commercial vehicles, under Renault, Renault Samsung Motors and Dacia brands, and the Sales Financing division, which provides financial and commercial services related to the sales activities, and is comprised of RCI Banque and its subsidiaries.
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