JPMorgan Chase & Co. set a €32.00 ($37.65) target price on Renault SA (RNO.PA) (EPA:RNO) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also weighed in on RNO. UBS Group set a €22.00 ($25.88) target price on shares of Renault SA (RNO.PA) and gave the company a neutral rating in a report on Wednesday. Goldman Sachs Group set a €33.00 ($38.82) price target on shares of Renault SA (RNO.PA) and gave the company a buy rating in a research note on Friday, October 16th. Royal Bank of Canada set a €24.00 ($28.24) price target on shares of Renault SA (RNO.PA) and gave the company a neutral rating in a research note on Wednesday. Sanford C. Bernstein set a €30.00 ($35.29) price target on shares of Renault SA (RNO.PA) and gave the company a buy rating in a research note on Tuesday, September 8th. Finally, Jefferies Financial Group set a €15.00 ($17.65) price target on shares of Renault SA (RNO.PA) and gave the company a sell rating in a research note on Monday, October 5th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of €28.09 ($33.05).
EPA:RNO opened at €24.77 ($29.14) on Thursday. The company has a 50 day moving average price of €23.10 and a 200-day moving average price of €21.47. Renault SA has a 1-year low of €73.71 ($86.72) and a 1-year high of €100.70 ($118.47).
Renault SA (RNO.PA) Company Profile
Renault SA designs, manufactures, sells, and distributes vehicles in France and internationally. The company operates through Automotive, AVTOVAZ, and Sales Financing 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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