Zacks Research lowered shares of Renault (OTCMKTS:RNLSY – Free Report) from a hold rating to a strong sell rating in a report issued on Monday morning,Zacks reports.
Separately, Barclays lowered Renault from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce”.
View Our Latest Research Report on RNLSY
Renault Stock Down 1.6%
OTCMKTS RNLSY opened at $6.04 on Monday. The stock’s 50-day moving average is $6.18 and its 200-day moving average is $6.59. Renault has a one year low of $5.49 and a one year high of $8.79.
About Renault
Renault is a French automotive company that designs, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its principal brands include Renault, Dacia and Alpine, while the company also develops electric vehicles and software-enabled automotive technologies through its Ampere business.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has played a significant role in the development of France’s automobile industry. Renault has produced vehicles ranging from mass-market passenger cars and commercial vans to performance-oriented Alpine models.
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