Sanford C. Bernstein set a €60.00 ($69.77) target price on Renault (EPA:RNO) in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts have also recently issued research reports about the company. Credit Suisse Group increased their price objective on Beyond Meat from $70.00 to $125.00 in a research report on Friday, June 7th. Kepler Capital Markets restated a hold rating on shares of Continental in a research report on Friday, June 28th. Royal Bank of Canada restated an average rating and issued a $48.00 price target on shares of in a research report on Monday, June 10th. Deutsche Bank restated a buy rating and issued a $80.00 price target on shares of Bayerische Motoren Werke in a research report on Monday, July 8th. Finally, Nord/LB set a €50.00 ($58.14) price target on Renault and gave the company a sell rating in a research report on Thursday, June 6th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €70.61 ($82.10).
EPA:RNO opened at €52.01 ($60.48) on Wednesday. The business has a fifty day simple moving average of €54.48. Renault has a 1 year low of €73.71 ($85.71) and a 1 year high of €100.70 ($117.09).
Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
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