Renault (EPA:RNO) Given a €55.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €55.00 ($57.89) price target on Renault (EPA:RNOGet Rating) in a research note published on Tuesday, Borsen Zeitung reports.

Other analysts have also recently issued research reports about the stock. Barclays set a €26.00 ($27.37) target price on shares of Renault in a research note on Monday, April 25th. Bank of America set a €32.00 ($33.68) target price on shares of Renault in a research note on Tuesday, April 26th. Credit Suisse Group set a €24.00 ($25.26) target price on shares of Renault in a research note on Tuesday, April 26th. Morgan Stanley set a €38.00 ($40.00) target price on shares of Renault in a research note on Friday, March 25th. Finally, Jefferies Financial Group set a €22.00 ($23.16) target price on shares of Renault in a research note on Friday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Hold and an average price target of €33.93 ($35.72).

RNO opened at €23.60 ($24.84) on Tuesday. The company has a fifty day moving average of €23.01 and a two-hundred day moving average of €28.99. Renault has a fifty-two week low of €73.71 ($77.59) and a fifty-two week high of €100.70 ($106.00).

About Renault (Get Rating)

Renault SA designs, manufactures, sells, and distributes vehicles in France and internationally. The company operates through Automotive, AVTOVAZ, Sales Financing, and Mobility Services segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, LADA, Jinbei & Huaasong, and Eveasy, as well as under the Nissan, Datsun, and Infiniti brands.

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