Renault (OTCMKTS:RNLSY) Stock Now Rated “Hold” by Sell-Side Analysts

Renault (OTCMKTS:RNLSY) has been given a consensus rating of “Hold” by the eight analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Several research analysts have recently issued reports on RNLSY shares. Barclays cut shares of Renault from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Zacks Research lowered shares of Renault from a “hold” rating to a “strong sell” rating in a report on Monday, November 2nd. Finally, Jefferies Financial Group raised shares of Renault from a “hold” rating to a “strong-buy” rating in a research report on Monday.

Renault Stock Performance

RNLSY opened at $6.48 on Thursday. The stock’s 50 day simple moving average is $6.17 and its 200 day simple moving average is $6.55. Renault has a 1 year low of $5.49 and a 1 year high of $8.79.

Renault Company Profile

Renault Group is a French automotive company that designs, manufactures and sells passenger cars and light commercial vehicles. Its brands include Renault, Dacia and Alpine, and the group also provides mobility and automotive financing services. Founded in 1899 by Louis Renault and his brothers Marcel and Fernand, the company grew from a French vehicle manufacturer into an international automotive group. It serves customers in Europe and other markets worldwide and has worked with Nissan and Mitsubishi through the Renault-Nissan-Mitsubishi alliance.