Renault (OTCMKTS:RNLSY) Stock Now Rated “Reduce” by Wall Street Analysts

Shares of Renault (OTCMKTS:RNLSY – Get Free Report) have received a consensus rating of “Reduce” from the seven research firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company.

RNLSY has been the subject of several recent analyst reports. Zacks Research downgraded Renault from a “hold” rating to a “strong sell” rating in a report on Monday. Barclays cut shares of Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st.

Check Out Our Latest Stock Report on Renault

Renault Stock Up 5.8%

OTCMKTS:RNLSY opened at $6.39 on Thursday. Renault has a twelve month low of $5.49 and a twelve month high of $8.79. The stock’s 50 day moving average price is $6.18 and its two-hundred day moving average price is $6.58.

Renault Company Profile

(Get Free Report)

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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Analyst Recommendations for Renault (OTCMKTS:RNLSY)

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