Royal Bank of Canada set a €26.00 ($30.59) price objective on Renault (EPA:RNO) in a research report report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. The Goldman Sachs Group set a €41.00 ($48.24) price objective on shares of Renault and gave the company a neutral rating in a research report on Tuesday, April 13th. JPMorgan Chase & Co. set a €69.00 ($81.18) price objective on shares of Renault and gave the company a buy rating in a research report on Monday, March 22nd. Deutsche Bank Aktiengesellschaft set a €40.00 ($47.06) price objective on shares of Renault and gave the company a neutral rating in a research report on Monday, March 8th. UBS Group set a €54.00 ($63.53) price objective on shares of Renault and gave the company a buy rating in a research report on Thursday, April 15th. Finally, Barclays set a €32.00 ($37.65) price objective on shares of Renault and gave the company a sell rating in a research report on Tuesday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €38.77 ($45.61).
Shares of Renault stock traded down €0.46 ($0.54) during mid-day trading on Thursday, reaching €34.08 ($40.09). 1,591,318 shares of the stock were exchanged, compared to its average volume of 1,290,000. The firm has a 50-day simple moving average of €37.66 and a 200 day simple moving average of €33.75. Renault has a fifty-two week low of €73.71 ($86.72) and a fifty-two week high of €100.70 ($118.47).
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, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
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