Jefferies Financial Group Reiterates €40.00 Price Target for Renault (EPA:RNO)

Jefferies Financial Group set a €40.00 ($42.11) price target on Renault (EPA:RNOGet Rating) in a research report sent to investors on Monday, Borsen Zeitung reports.

A number of other brokerages have also weighed in on RNO. Barclays set a €26.00 ($27.37) target price on shares of Renault in a research report on Monday, April 25th. JPMorgan Chase & Co. set a €55.00 ($57.89) price target on shares of Renault in a research note on Thursday, June 9th. Royal Bank of Canada set a €26.00 ($27.37) price target on shares of Renault in a research note on Tuesday, May 10th. UBS Group set a €40.00 ($42.11) price target on shares of Renault in a research note on Thursday, May 26th. Finally, Credit Suisse Group set a €24.00 ($25.26) price target on shares of Renault in a research note on Monday, May 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and a consensus target price of €34.00 ($35.79).

Shares of EPA:RNO opened at €25.24 ($26.56) on Monday. The company’s fifty day moving average is €24.22 and its 200 day moving average is €27.55. Renault has a 52 week low of €73.71 ($77.59) and a 52 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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