Renault SA (RNO) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Renault SA (EPA:RNO) have earned an average recommendation of “Buy” from the twenty ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is €95.37 ($108.37).
A number of brokerages recently weighed in on RNO. UBS Group set a €110.00 ($125.00) target price on shares of Renault and gave the company a “buy” rating in a research note on Tuesday, July 10th. JPMorgan Chase & Co. set a €98.00 ($111.36) target price on shares of Renault and gave the company a “neutral” rating in a research note on Monday, July 9th. Kepler Capital Markets set a €120.00 ($136.36) target price on shares of Renault and gave the company a “buy” rating in a research note on Friday, July 6th. Jefferies Financial Group set a €82.00 ($93.18) target price on shares of Renault and gave the company a “neutral” rating in a research note on Thursday, July 5th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Renault in a research note on Thursday, June 28th.
Shares of RNO opened at €95.21 ($108.19) on Friday. Renault has a 1-year low of €73.71 ($83.76) and a 1-year high of €100.70 ($114.43).
Renault SA designs, manufactures, sells, and distributes vehicles worldwide. The company operates through three segments: Automotive, Sales Financing, and AVTOVAZ. It primarily offers passenger and light commercial, and electric vehicles under the Renault, Dacia, Renault Samsung Motors, Alpine, Nissan, Datsun, and LADA brands.
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