Renault (EPA:RNO) has been given a €98.00 ($113.95) price objective by equities researchers at JPMorgan Chase & Co. in a report issued on Tuesday, October 23rd. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 2.93% from the stock’s current price.
Other equities research analysts also recently issued research reports about the company. Kepler Capital Markets set a €120.00 ($139.53) price target on Renault and gave the company a “buy” rating in a research report on Monday, June 25th. UBS Group set a €105.00 ($122.09) target price on Renault and gave the stock a “buy” rating in a research report on Monday, July 30th. Societe Generale set a €97.00 ($112.79) target price on Renault and gave the stock a “buy” rating in a research report on Monday, July 30th. Deutsche Bank set a €115.00 ($133.72) target price on Renault and gave the stock a “buy” rating in a research report on Monday, July 30th. Finally, Cfra set a €85.00 ($98.84) price target on Renault and gave the stock a “buy” rating in a research note on Monday, July 30th. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Renault presently has an average rating of “Hold” and a consensus target price of €87.68 ($101.95).
RNO stock traded down €0.22 ($0.26) during trading on Tuesday, reaching €95.21 ($110.71). 909,609 shares of the stock traded hands, compared to its average volume of 1,290,000. Renault has a 52-week low of €73.71 ($85.71) and a 52-week high of €100.70 ($117.09).
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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