Renault (EPA:RNO) Given a €81.00 Price Target by HSBC Analysts

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HSBC set a €81.00 ($94.19) price target on Renault (EPA:RNO) in a report released on Thursday, October 4th. The brokerage currently has a neutral rating on the stock.

Several other analysts have also issued reports on RNO. Jefferies Financial Group set a €82.00 ($95.35) price target on Renault and gave the company a neutral rating in a report on Thursday, July 5th. Kepler Capital Markets set a €120.00 ($139.53) price target on Renault and gave the company a buy rating in a report on Monday, June 25th. JPMorgan Chase & Co. set a €98.00 ($113.95) price objective on Renault and gave the stock a neutral rating in a research note on Monday, June 18th. Morgan Stanley set a €88.00 ($102.33) price objective on Renault and gave the stock a neutral rating in a research note on Tuesday, June 26th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Renault in a research note on Thursday, June 21st. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of €92.56 ($107.62).

EPA:RNO traded down €0.22 ($0.26) during mid-day trading on Thursday, hitting €95.21 ($110.71). 909,609 shares of the company traded hands, compared to its average volume of 1,290,000. Renault has a one year low of €73.71 ($85.71) and a one year high of €100.70 ($117.09).

Renault Company Profile

Renault SA designs, manufactures, sells, and distributes vehicles worldwide. The company operates through three segments: Automotive, Sales Financing, and AVTOVAZ. It primarily offers passenger and light commercial, and electric vehicles under the Renault, Dacia, Renault Samsung Motors, Alpine, Nissan, Datsun, and LADA brands.

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Analyst Recommendations for Renault (EPA:RNO)

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